Plunging Mortgage Rates Could Light Up These 9 Stocks
Benzinga·2025-09-15 04:34
Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers. The Data: The 30-year fixed mortgage rate averaged 6.35% for the week ending Sept. 11, down from 6.50% the prior week, according to data from Freddie Mac. The 15 basis point drop is the largest weekly decrease in the past year and brings rates to their lowest level since last October. Read Next: Opend ...