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Stock impact report

AI Mortgage Disruptor Offers a True Contrarian Play on Housing [TheStreet.com]

Better Home - Class A (BETR) 
Last better home - class a earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
Markets have gotten quite choppy in recent trading sessions. The small-cap Russell 2000 fell 2.26% on Friday to officially enter correction territory. Surging oil and other commodity prices impacted by the effective closure of the Strait of Hormuz as well as a poor February PPI reading pushed the yield on the 10-Year Treasury up to nearly 4.4% this past week. This was the last thing the moribund housing market needed right now. January new home sales plunged by 11% from January 2025. The median new home sale price fell nearly 7% on a year-over-year basis. Granted, some of the dismal data points were due to lousy weather across a good chunk of the country in January. However, it should also be noted that mortgage rates have moved up since the opening month of the year. So, with the Russell 2000 in correction territory and the housing market taking on water, our latest covered call trade idea is a true contrarian play. The bid/ask spread on the options against the equity is a bit w Show less Read more
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