Trump's $200 billion mortgage bond purchase directive fueled after-hours rally in housing tech stocks. President
Trump's announcement on January 8, 2026, directing representatives to
acquire $200 billion in mortgage bonds aimed to lower mortgage rates and
monthly payments, boosting optimism in the housing sector amid
expectations of easier home financing. This policy signal revived
interest in iBuying platforms, which facilitate quick home sales and
purchases. Opendoor Technologies (OPEN) initially surged, triggering
sympathy buying in peers like Offerpad, a tech-enabled real estate firm
offering instant cash offers for homes. Retail traders amplified the
move via social media chatter, driving volume and a sharp price spike as
investors anticipated increased transaction activity from lower rates.
