Geopolitics Alpha

Democrats sweep US Congress: what does it mean for Australian mortgages?

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GEOPOLITICS ALPHADemocrats sweep US Congress: whatdoes it mean for Australianmortgages?GEOPOLITICS ALPHA

This report is about real estate and Australia.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLRE Real Estate Select Sector SPDR+2.7% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.

  • XHB SPDR S&P Homebuilders ETF+5.0% 30d

    SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.

  • EWA iShares MSCI Australia ETF-0.0% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australian”).

  • PLD Prologis-3.7% 30d

    Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.

  • DHI D.R. Horton+11.9% 30d

    D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.

  • LEN Lennar+5.6% 30d

    Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.

  • WELL Welltower+6.1% 30d

    Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLRE-2.57%-1.43%baseafter closeafter closeafter closeafter close
XHB-2.72%-1.79%baseafter closeafter closeafter closeafter close
EWA+0.92%-0.65%baseafter closeafter closeafter closeafter close
PLD-0.42%+0.41%baseafter closeafter closeafter closeafter close
DHI-7.36%-7.86%baseafter closeafter closeafter closeafter close
LEN-5.08%-5.99%baseafter closeafter closeafter closeafter close
WELL-4.40%-1.79%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Democrats sweep US Congress: what does it mean for Australian mortgages? Mortgage Professional America

Source: Mortgage Professional America

This story

CompanyWhenMoveStatus
DHIthree days earlier-7.86%final price
DHIfive days earlier-7.36%final price
EWAthree days earlier-0.65%final price
EWAfive days earlier+0.92%final price
LENthree days earlier-5.99%final price
LENfive days earlier-5.08%final price
PLDthree days earlier+0.41%final price
PLDfive days earlier-0.42%final price
WELLthree days earlier-1.79%final price
WELLfive days earlier-4.40%final price
XHBthree days earlier-1.79%final price
XHBfive days earlier-2.72%final price
XLREthree days earlier-1.43%final price
XLREfive days earlier-2.57%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Democrats sweep US Congress: what does it mean for Australian mortgages?” scores 12 out of 100. The score uses 1 sources.