Mortgage Rate Sharply Higher After Inflation Data
Published . Updated .
Key takeaways
- Rates enjoyed a remarkably calm winning streak over the past month with the worst single day resulting in a 0.06% increase for a top tier 30yr fixed loan and the average day seeing a 0.02% decline.
- Exposed: XLRE, XHB, PLD, DHI, LEN
- Market reaction: XHB −2.7% on the day; XLRE −0.1% on the day; LEN −5.4% on the day
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Rates enjoyed a remarkably calm winning streak over the past month with the worst single day resulting in a 0.06% increase for a top tier 30yr fixed loan and the average day seeing a 0.02% decline. That streak was dealt its first serious blow today following a hotter than
Directly affected
- No company is named in this report.
Indirectly affected
- XLRE Real Estate Select Sector SPDR+4.3% 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.
- XLF Financial Select Sector SPDR+1.0% 19d
Financial Select Sector SPDR: it holds banks. Linked by “loan” (banks) in this story.
- 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+11.0% 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.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loan” (banks) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loan” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLRE | -2.21% | -0.78% | base | -0.13% | after close | after close | after close |
| XHB | -3.80% | -2.05% | base | -2.67% | after close | after close | after close |
| XLFNo price data for this ticker | — | — | — | — | — | — | — |
| PLD | -1.11% | -1.51% | base | -0.33% | after close | after close | after close |
| DHI | -6.68% | +1.29% | base | -3.80% | after close | after close | after close |
| LEN | -5.98% | +0.01% | base | -5.36% | after close | after close | after close |
| JPMNo price data for this ticker | — | — | — | — | — | — | — |
| BACNo price data for this ticker | — | — | — | — | — | — | — |
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.
Mortgage Rate Sharply Higher After Inflation Data Mortgage News Daily
Source: Mortgage News Daily
Price since this story was published: Select Sector Spdr Tr (XLRE)
| Company | When | Move | Status |
|---|---|---|---|
| Horton D R (DHI) | that day | -3.80% | final price |
| Horton D R (DHI) | three days earlier | +1.29% | final price |
| Horton D R (DHI) | five days earlier | -6.68% | final price |
| Lennar (LEN) | that day | -5.36% | final price |
| Lennar (LEN) | three days earlier | +0.01% | final price |
| Lennar (LEN) | five days earlier | -5.98% | final price |
| Prologis (PLD) | that day | -0.33% | final price |
| Prologis (PLD) | three days earlier | -1.51% | final price |
| Prologis (PLD) | five days earlier | -1.11% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | that day | -2.67% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | three days earlier | -2.05% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | five days earlier | -3.80% | final price |
| Select Sector Spdr Tr (XLRE) | that day | -0.13% | final price |
| Select Sector Spdr Tr (XLRE) | three days earlier | -0.78% | final price |
| Select Sector Spdr Tr (XLRE) | five days earlier | -2.21% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. David J. Taylor bought Prologis (PLD), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Lennar (LEN), worth $15,001 - $50,000 on 28 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 33 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 67 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 2026. View the filing.
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).
Who gains and who loses around Select Sector Spdr Tr (XLRE)
Companies tied to this story
- XLRE Select Sector Spdr Tr
In “Mortgage Rate Sharply Higher After Inflation Data,” Select Sector Spdr Tr (XLRE) is linked, with no stored direction, medium confidence. Reason on file: Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
- XHB State Street Spdr S&P Homebuilders Etf
State Street Spdr S&P Homebuilders Etf (XHB) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Mortgage Rate Sharply Higher After Inflation Data.” Reason on file: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
- PLD Prologis
In “Mortgage Rate Sharply Higher After Inflation Data,” Prologis (PLD) is linked, with no stored direction, medium confidence. Reason on file: Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story
- DHI Horton D R
Horton D R (DHI) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Mortgage Rate Sharply Higher After Inflation Data.” Reason on file: 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
Lennar (LEN) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Mortgage Rate Sharply Higher After Inflation Data.” Reason on file: 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
In “Mortgage Rate Sharply Higher After Inflation Data,” Welltower (WELL) is linked, with no stored direction, medium confidence. Reason on file: Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story
How “Mortgage Rate Sharply Higher After Inflation Data” reaches Select Sector Spdr Tr (XLRE)
On 10 Nov 2026, “Mortgage Rate Sharply Higher After Inflation Data” is the story that connects Select Sector Spdr Tr (XLRE) to this story.
Select Sector Spdr Tr (XLRE) is on the page because Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
A second company, State Street Spdr S&P Homebuilders Etf (XHB), is listed for a different reason: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
Dates and price levels for Select Sector Spdr Tr (XLRE)
PLD traded between 123.44 and 134.88 across 20 sessions. The latest close on file is 129.06. XHB traded between 91.93 and 104.89 across 20 sessions. The latest close on file is 101.97. XLRE traded between 40.28 and 43.70 across 20 sessions. The latest close on file is 43.64.
How strong the case is around Select Sector Spdr Tr (XLRE)
46 out of 100
“Mortgage Rate Sharply Higher After Inflation Data” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.