U.S. homebuilders, mortgage lenders jump after Trump orders $200 bln of bond buys

Shares of homebuilders and lenders rally on Fri after U.S. President Donald Trump ordered purchase of $200 bln in mortgage bonds in an attempt to reduce housing costs and mortgage rates

PHLX Housing Index .HGX up 2.4% to about 1-mth high. S&P 1500 Homebuilding index .SPCOMHOME up 3%

D.R. Horton .DHI.N and Lennar LEN.N both up more than 4%, PulteGroup PHM.N up 3.5% and Toll Brothers TOL.N up 2.6% on the session

Federal Housing Finance Agency Director Bill Pulte said on X soon after Trump’s announcement late Thurs that Fannie Mae and Freddie Mac will execute the purchases

Shares of mortgage lenders rise: Rocket Companies RKT.N 5%, LoanDepot LDI.N 20% and UWM Holdings UWMC.N 8%

Opendoor Technologies OPEN.O up 12%

In recent years, mortgage lenders grappled with sharp declines in origination volumes due to higher interest rates

With moves on the session, RKT up ~16% so far this year; LDI up 42%, UWMC up 17% and OPEN up ~24% to begin 2026

Housing stocks recouped steep losses on Thurs, a day after Trump said his administration is moving to ban Wall Street firms from buying up single-family homes in a bid to make them more affordable