UWMC stock leaps on Trump’s $200bn mortgage-bond order — what to watch next week
New York, Jan 10, 2026, 19:26 ET — Market closed UWM Holdings Corporation (UWMC) shares climbed 13.8% on Friday, closing at $5.36—their best day in months. Traders targeted rate-sensitive housing stocks ahead of the weekend. Volume surged, with roughly 49.6 million shares changing hands. (Yahoo Finance) This spike is crucial since mortgage lenders rely heavily on volume. When borrowing costs drop, refinancing and purchase activity often surge quickly, driving fee income upward. That’s the missing link. Although rates have dropped from last year’s peaks, housing turnover remains sluggish. Originators are scrambling for market share, sometimes slashing loan prices just to