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Builders Feel the Pressure of Higher Mortgage Rates
Builder Magazine· 5 hours agoFalling six points...newly built single-family homes was 45 in May. “The market has slowed down since mortgage rates increased, and this has pushed many...
U.S. Homebuilder Confidence Unexpectedly Slumps In May
RTT News· 3 hours agoWith higher mortgage rates weighing on sentiment, the National Association of Home Builders released a report on Wednesday showing an unexpected deterioration ...
US Homebuilder Confidence Declines for First Time in Six Months
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- US homebuilder sentiment declined in May for the first time in six months as mortgage...
U.S. homebuilder sentiment tumbles as rates slow buyer traffic
Reuters via AOL· 4 hours agoThe National Association of Home Builders/Wells Fargo Housing Market Index fell unexpectedly to 45...
NAHB: Builder Confidence Declined in May
Calculated Risk· 4 hours agoAny number below 50 indicates that more builders view sales conditions as poor than good. With mortgage rates averaging above 7% for the past four weeks per data from Freddie ...
Q1 2024 Smith Douglas Homes Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 9 hours agoWe finished the first quarter with 1,110 homes in backlog, with an average selling price of $343,000, an expected gross margin on those homes of approximately 26.5%. As we sit here today, we ...
Builder sentiment posts its first decline since November - HousingWire
HousingWire· 3 hours agoThe HMI is a monthly survey that gauges NAHB members’ perceptions of newly built single-family home...
Can You Use Your Mortgage to Buy Solar Panels?
US News & World Report· 5 days agoYou can use a renovation mortgage to buy solar panels when you purchase a home. Other financing options include personal loans, home ...
JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Legacy Financial Advisors Inc.
ETF DAILY NEWS· 5 days agoLegacy Financial Advisors Inc. lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by...
Gen Z is getting hit hard by inflation
CNN Business via Yahoo Finance· 3 days agoHowever, compared with its peers, the UK economy is faring less well. Up Next Monday: Federal Reserve...Loretta Mester deliver remarks. Tuesday: Earnings...
