U.S. mortgage rates rose this week to 6.72%, ending a three-week streak of declines, as the Federal Reserve’s updated projections hinted at a slower pace of rate cuts in 2025. The 30-year fixed-rate...
U.S. single-family housing starts surged 6.4% in November, rebounding strongly after hurricane-related disruptions earlier in the year. The South, the most densely populated region, accounted for much...
After being on a downward trend, falling from 7.22% in May to 6.08% in late September, the 30-year mortgage rate reversed course in November. The rate rose sharply to 6.84% late last month, following the...
The housing sector has been building up strong momentum in recent weeks, thanks to a flurry of upbeat data, lower mortgage rates and Fed rate cuts. iShares U.S. Home Construction ETF ITB, SPDR S&P Homebuilders...
Builders FirstSource has exceeded broader market performance over the past year, with Wall Street analysts maintaining strong optimism about its outlook.
PulteGroup has outpaced the broader market over the past year, yet analysts continue to hold a moderately bullish view of its prospects.
After being on a downward trend, falling from 7.22% in May to 6.09% in mid-September, the 30-year mortgage rate reversed course, rising sharply to 6.79% in early November. This discouraged home buyers...
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes stood at 46 in November, up three...
D.R. Horton lagged behind the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.
Election Day has approached, and the polls indicate a tight race between Democratic Party candidate Kamala Harris and Republican nominee Donald Trump. Neither candidate holds a meaningful edge in enough...