DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News

There has been a bit of a mystery recently in housing markets. For a couple of years, the square footage of new homes has been declining. I think a clue to what

Homebuilder sentiment declined in January, but the drop came on the heels of a much stronger-than-expected December. Even with this month's decline, though, ove

Federal Reserve Governor Michelle Bowman remains optimistic and expects "construction to continue advancing to meet the underlying expansion in housing demand."Recent housing data are encourag

30-year fixed-rate mortgage rate averages 3.65% for the week ending Jan. 16, 2020, up 1 basis point from 3.64% in the previous week, according to the Freddie Mac Primary Mortgage Market Survey. Compar

The rate of growth of new home sale prices in the U.S. has slowed significantly from historical rates. Starting from January 1963, the earliest that monthly dat

The average rate on a typical 30-year fixed rate mortgage fell to its lowest level since October, which could feed into strength for homebuilder ETFs. According to Mortgage News Daily, the rate fell

An updated look at home price changes across the country using the most recent S&P Case Shiller home price indices. The National index rose just 10 basis points

Low interest rates to start 2020 could help give a shot in the arm to homebuilder ETFs in the new year. Lower mortgage rates could continue to give the housing market a much-needed boost, which could

While this strategy is highly beneficial for short-term traders, it could lead to huge losses compared to traditional funds in the fluctuating or seesawing markets.

Lower interest rates are injecting more optimism for home builders as they look to the close of 2019 and into 2020. This comes despite the National Association of Home Builders’ monthly confidence

We discuss how leveraged and inverse ETFs work and what's hot this year.

Caterpillar disappointed investors in Wednesday’s trading session as the construction equipment manufacturer missed analysts’ expectations for its third-quarter earnings results and lowered its fo

September has been kind to the U.S. stock market thanks to another Fed rate cut and positive trade developments that have led to renewed trade of riskier assets.

The SPDR S&P; Homebuilders ETF (NYSEArca: XHB) is up nearly 34% year-to-date and with earnings season looming, homebuilder ETFs have a chance to extend their 2019 paces. XHB seeks to provide investmen

As we are about to complete nine months of 2019, these leveraged ETF areas are in focus for having returned more than 100%.