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Stock impact report

Property stocks advance as Biden proposes housing solutions [Seeking Alpha]

RE/MAX Holdings, Inc. Class A (RMAX) 
Last re/max holdings, inc. class a earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.remax.com
Company Research Source: Seeking Alpha
housing costs and boost supply, citing concerns about elevated mortgage rates and a shortage of homes for sale. Real estate brokerages Redfin ( NASDAQ: RDFN climbed 1 2.3%, Re/Max Holdings ( RMAX gained 3.5% , Zillow Group ( NASDAQ: Z NASDAQ: ZG , Compass ( NYSE: COMP and Opendoor Technologies ( NASDAQ: OPEN Mortgage REITs AGNC Investment ( NASDAQ: AGNC , Chimera Investment ( NYSE: CIM , New York Mortgage Trust ( NASDAQ: NYMT ), Invesco Mortgage Capital ( NYSE: IVR and Dynex Capital ( NYSE: DX all gained at the time of writing. Home-rental REITs: Invitation Homes ( NYSE: INVH , American Homes 4 Rent ( NYSE: AMH and Bluerock Homes Trust ( NYSE: BHM The Biden administration on Thursday laid out a number of proposals that aim to lower the current high cost of homeownership, including providing a $10K tax credit for prospective homebuyers and people who sell their starter homes. "This is the equivalent of reducing the mortgage rate by more than 1.5 percentage points for two years Show less Read more
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