Geopolitics Alpha

Keeping mortgage interest relief approved

Published . Updated .

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GEOPOLITICS ALPHAKeeping mortgage interest reliefapprovedGEOPOLITICS ALPHA

Homeowners can get tax relief of £3,500 on the money spent on the interstate of a mortgage.

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+5.2% 30d

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

  • PLD Prologis-4.6% 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+9.1% 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+16.1% 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+2.7% 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-2.75%-1.34%base-0.21%after closeafter closeafter close
XHB-5.16%-3.14%base-2.04%after closeafter closeafter close
PLD-2.46%-1.27%base-1.18%after closeafter closeafter close
DHI-3.87%-4.22%base-4.57%after closeafter closeafter close
LEN-7.11%-6.11%base-4.79%after closeafter closeafter close
WELL-4.90%-2.45%base+1.16%after 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.

Homeowners can get tax relief of £3,500 on the money spent on the interstate of a mortgage.

Source: BBC

This story

CompanyWhenMoveStatus
DHIthat day-4.57%still updating
DHIthree days earlier-4.22%final price
DHIfive days earlier-3.87%final price
LENthat day-4.79%still updating
LENthree days earlier-6.11%final price
LENfive days earlier-7.11%final price
PLDthat day-1.18%still updating
PLDthree days earlier-1.27%final price
PLDfive days earlier-2.46%final price
WELLthat day+1.16%still updating
WELLthree days earlier-2.45%final price
WELLfive days earlier-4.90%final price
XHBthat day-2.04%still updating
XHBthree days earlier-3.14%final price
XHBfive days earlier-5.16%final price
XLREthat day-0.21%still updating
XLREthree days earlier-1.34%final price
XLREfive days earlier-2.75%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).

How solid “Keeping mortgage interest relief approved” looks

12 out of 100Price not final

“Keeping mortgage interest relief approved” scores 12 out of 100. The score uses 1 sources. The price is not final yet.