Tri Pointe Homes stock jumps nearly 9% as mortgage-bond move lifts homebuilders; CPI is next
New York, January 10, 2026, 21:10 EST — Market closed. Tri Pointe Homes shares jumped 8.68% to close at $35.42 on Friday, capping a sharp session for U.S. homebuilders as rate-sensitive stocks caught a bid ahead of the weekend. (Tri Pointe Homes) The rally followed President Donald Trump’s order for his representatives to buy $200 billion in mortgage-backed securities — bundles of home loans sold to investors — in a bid to push mortgage rates down, Reuters reported. Redfin’s head of economics research Chen Zhao said the move could trim borrowing costs by “10 to 15 basis points,” or a