Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan
Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan
Homebuilder stocks are on the rise as the Federal Reserve is expected to cut rates later this week, mortgage rates are on the decline and Democratic presidential candidate, Vice President Kamala Harris, proposes a homeownership plan that involves building three million new homes.
隨着聯儲局預計將在本週晚些時候減息，抵押利率下降以及民主黨總統候選人、副總統卡馬拉·賀錦麗提出了一個涉及建造三百萬新房的購房計劃，房屋建築商股票的價格上漲。
The Fed is expected to lower its key interest rate by either 25 or 50 basis points when it meets on Wednesday after holding back on doing so at its last meeting in July.
預計聯儲局在本週三會議上會將其關鍵利率降低25或50個點子，此前在7月份的會議上沒有這樣做。
Mortgage rates have fallen to their lowest in more than 18 months, according to the Mortgage Bankers Association (MBA).
根據美國抵押銀行家協會（MBA）的數據，抵押利率已降至18個多月以來的最低水平。
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29 percent from 6.43 percent, marking several consecutive weeks of declining rates.
30年期固定利率抵押貸款的平均合同利率（貸款餘額爲766,550美元或更低）從6.43%下降到6.29%，連續多周的利率下降。
If elected president in November, Harris plans to launch a $25,000 credit for first-time homebuyers on buying a new home and an initiative to build three million new homes in four years.
如果賀錦麗在11月當選總統，她計劃在購買新房時爲首次購房者提供25000美元的信貸，並在四年內建造300萬個新房。
Truist Securities has raised its rating on Builders First Source, Inc. (NYSE:BLDR) from Hold to Buy and its price target from $165 to $220.
Truist Securities將對Builders First Source, Inc. (NYSE:BLDR)的評級從Hold提升到Buy，並將目標股價從165美元提高到220美元。
Read Also: Toll Brothers To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday
閱讀更多: 托爾兄弟股價將上漲約19%？以下是10位頂級分析師對本週四的預測。
Analyst Keith Hughes noted reduced mortgage rates and lower lumber prices in the short term and, in the long term, an upswing in multifamily housing construction and Builders' ability to offer value-added products and digital offerings due to its large size.
分析師Keith Hughes指出，短期內抵押利率降低和木材價格下降，長期來看，多家房屋建築和建築商能夠提供增值產品和數字化產品，因爲其規模較大。
Also, many homeowners who locked in rates as low as 3% and 4% over the past two years are holding onto their homes instead of selling, increasing demand for new homes.
此外，許多在過去兩年內以3%和4%的低利率鎖定了利率的房主們選擇持有他們的房屋而不是出售，增加了對新房的需求。
"Given the continued limited inventory, we believe this will continue for several more years with new homes taking an even greater share of the market," he wrote in a note on Monday. "This is a notable catalyst for home builders and their suppliers such as BLDR."
他在週一的備忘錄中寫道：「考慮到持續的供應量有限，我們認爲新房市場將繼續增長几年，新房將在市場上佔據更大的份額。這對於房屋建築商及其供應商（如BLDR）是一個顯著的推動因素。」
Price Action: Homebuilders have seen gains and losses into Monday's early trading but have risen significantly over the past week.
價格走勢：房屋建築商在週一早盤交易中有漲有跌，但在過去一週內上漲幅度顯著。
- Builders First Source was up 3.61% to $189.88 on Monday morning, posting a 12% gain since Tuesday.
- Toll Brothers, Inc. (NYSE:TOL) slipped 0.51% to $149.04 on Monday morning but has gained 6.1% since Tuesday.
- M/I Homes, Inc. (NYSE:MHO) declined 0.1% to $166.32 on Monday but has risen 5.6% since Tuesday.
- Green Brick Partners, Inc. (NYSE:GRBK) was up 0.70% to $79.35 on Monday, and has gone up 7% since Tuesday.
- 建築物首選商在週一早上上漲3.61%，至189.88美元，自週二以來漲幅達12%。
- 托爾兄弟公司（NYSE:TOL）在週一上午下跌0.51%，至149.04美元，但自週二以來上漲了6.1%。
- M/I Homes公司（NYSE:MHO）週一下跌0.1%，至166.32美元，但自週二以來上漲了5.6%。
- 綠磚合作伙伴公司（NYSE:GRBK）週一上漲0.70%，至79.35美元，自週二以來上漲了7%。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。