NEW YORK, Jan 10, 2026, 09:45 EST — Market closed.
- Century Communities shares jumped roughly 11% during the last session, closing Friday at $68.33.
- The surge followed a rally in housing stocks triggered by Trump’s directive to purchase $200 billion in mortgage bonds.
- Coming up: U.S. CPI data drops Jan. 13, followed by Century’s earnings report on Jan. 28.
Shares of Century Communities Inc (CCS) jumped roughly 11% on Friday, closing at $68.33.
The surge followed a rally in housing-related stocks after U.S. President Donald Trump directed Freddie Mac and Fannie Mae to purchase $200 billion in mortgage bonds — mortgage-backed securities made up of home loan bundles — aiming to bring down mortgage rates and monthly payments. (Reuters)
The Philadelphia Housing index climbed 4.8% on Friday, boosted by gains in mortgage lenders, homebuilders, credit scoring firms, and REITs. TD Cowen analysts noted the plan could shrink the spread between the 30-year mortgage rate and the 10-year Treasury yield. But Brian Jacobsen of Annex Wealth Management warned it might not solve affordability issues outright: “Every little bit will help push mortgage yields lower,” he told Reuters. (Reuters)
Century Communities ended Friday roughly 16% off its 52-week peak of $81.10, while still sitting about 36% above the year’s low at $50.42, according to published pricing data. (Investing)
For builders, the equation is clear but harsh. Lower borrowing costs bring buyers rushing in. When rates hold steady at elevated levels, companies tend to push incentives harder — like rate buydowns, where sellers chip in to reduce a buyer’s mortgage rate — putting pressure on profit margins.
Century is pushing local openings into the new year. The company announced a ribbon-cutting set for Jan. 9, followed by a Grand Opening weekend on Jan. 10-11 at its Willow Glenn community in Yelm, Washington. Homes start in the $500,000 range. Buyers are once again encouraged to use Century’s online homebuying process. “With limited opportunities and exceptional Grand Opening savings, there’s no better time to join our interest list,” said Mick Cermak, Washington division president. (PR Newswire)
Rates are poised to shift next. The U.S. Consumer Price Index for December arrives Tuesday, Jan. 13, at 8:30 a.m. ET — a key report that often jolts Treasury yields and mortgage rates within minutes. (Bureau of Labor Statistics)
The Federal Reserve is set to meet on Jan. 27-28. Investors are focused on whether the central bank shifts its stance on inflation and interest rate projections. For homebuilders, the move in financing costs often drives their stocks more than anything else. (Federal Reserve)
The downside is clear. Bond-buying programs often take a while to influence lender rates. Plus, if policy drives mortgage costs down, more buyers may enter a market where inventory remains tight — pushing prices up despite lower rates.
Century Communities is set to release its fourth-quarter and full-year results after the market closes on Jan. 28, with a conference call scheduled for 5 p.m. ET. Investors will be focused on orders, cancellations, and any changes in incentive spending following Friday’s surge driven by policy moves. (Century Communities Investor Relations)
