HD XHB Total U.S. mortgage applications increased 1.9% last week. That's odd given mortgage rates recently hit their highest levels in almos
HD XHB Total U.S. mortgage applications increased 1.9% last week. That's odd given mortgage rates recently hit their highest levels in almost a year. Our play on a rebound in the housing market is Home Depot. That hasn't quite panned out yet, with shares down over 3% year to date. We trimmed some last week as the stock has been trapped by elevated rates. - per Cramer Investing Club Newsletter
HD XHB Total U.S. mortgage applications increased 1.9% last week.
That's odd given mortgage rates recently hit their highest levels in almost a year.
Our play on a rebound in the housing market is Home Depot.
That hasn't quite panned out yet, with shares down over 3% year to date.
We trimmed some last week as the stock has been trapped by elevated rates. - per Cramer Investing Club Newsletter