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SPDR Series Trust - SPDR S&P Homebuilders ETF (0L1F.L)

LSE - LSE Delayed price. Currency in USD
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122.30+2.32 (+1.93%)
At close: 05:36PM BST
Full screen
Previous close119.98
Open122.30
Bid0.00 x N/A
Ask0.00 x N/A
Day's range122.30 - 122.30
52-week range64.21 - 122.30
Volume300
Avg. volume1,910
Net assetsN/A
NAVN/A
PE ratio (TTM)N/A
YieldN/A
YTD daily total returnN/A
Beta (5Y monthly)N/A
Expense ratio (net)N/A
Inception dateN/A
  • Yahoo Finance Video

    Monthly housing payments decline alongside mortgage rates

    The average rate on a 30-year fixed mortgage has fallen to 6.09%, according to the latest data from Freddie Mac. Meanwhile, a new Redfin report shows that median monthly housing payments have posted their largest decline in four years. Yahoo Finance Senior Housing Reporter Dani Romero joins Wealth! to break down the news and what it means for homebuyers. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl

  • Yahoo Finance Video

    Mortgage rates fall to their lowest level since February 2023

    The average rate on a 30-year fixed mortgage has declined to 6.09%, according to the latest data from Freddie Mac. Yahoo Finance Senior Housing Reporter Claire Boston joins Market Domination to break down why mortgage rates have dropped to their lowest level since February 2023. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • Yahoo Finance Video

    An end to the housing market's lock-in effect may be in sight

    As the Federal Reserve has kicked off its rate easing cycle, Chase Home Lending head of refinance and home equity Nina Gidwaney joins Wealth! to discuss how home buyers and owners should be considering their mortgages. Gidwaney believes that now is a good time for homeowners to consider getting a lower mortgage rate. "If rates go down below 6%, about 4.7 million customers would become in the money for a refinance opportunity. And that's a significant amount of customers who may have bought a home in the last 2 or 3 years and are sitting on that higher rate... and could take advantage of a lower payment," she explains. The lock-in effect has put pressure on the housing market as owners with low mortgage rates are holding off on listing their homes. However, as interest rates and mortgage rates come down, Gidwaney believes the lock-in effect could break up. She tells Yahoo Finance that prospective homebuyers "will start to be willing to purchase a home and be willing to take on a higher rate. And people have to move. They have to sell their home and they have to do other things in their life. So I think it's a great time for customers to start to do that." As the Fed's rate-cutting cycle is largely already priced into mortgage rates, she advises consumers not to try to time the market when looking to buy a home. Instead, she encourages them to speak with mortgage professionals to ensure they receive the best possible rate. Home prices hit a record high in June, and with many choosing to stay in their homes for longer, Gidwaney believes that homeowners should leverage their increased equity: "With mortgage rates the lowest that they've been basically all year, it is a very good time for customers to consider taking that equity and getting a cash-out [refinance], consolidating some of their higher-interest debt, like their credit card or auto loan debt, reducing their overall credit profile. It is a very good time, also, for customers to think about getting a HELOC [home equity line of credit] and using that home equity to their advantage." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl