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☆ Homebuilder sentiment drops to lowest point in a year, but falling rates spur some optimism
▼ + stars: | 2023-11-16 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

High mortgage rates continue to weigh on the nation's homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Sentiment is down 22 points since July and is now at the lowest level since the end of last year. "In particular, the 10-year Treasury rate moved back to the 4.5% range for the first time since late September, which will help bring mortgage rates close to or below 7.5%," he said.

Persons: Alicia Huey, Robert Dietz, NAHB's Organizations: National Association of Home Builders, Market, Treasury Locations: Wells Fargo

☆ Homebuilder sentiment drops to lowest point in a year
▼ + stars: | 2023-11-16 | by ( Diana Olick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHomebuilder sentiment drops to lowest point in a yearCNBC's Diana Olick joins 'Squawk on the Street' to report on the latest data on home builder sentiment, which has been at the lowest level since the end of last year.

Persons: Diana Olick

☆ US homebuilder confidence drops for fourth month in a row
▼ + stars: | 2023-11-16 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Homebuilder confidence dropped for the fourth month in a row in November as mortgage rates neared 8%. But recent economic data suggests housing conditions may improve in coming months. Builder confidence in the market for newly built single-family homes in November fell six points to 34, according to the National Association of Home Builders / Wells Fargo Housing Market Index released Thursday morning. Specificially, Dietz said, the 10-year Treasury rate moved back to the 4.5% range for the first time since late September, which will help bring mortgage rates down closer to or below 7.5%. In November, 60% of builders provided sales incentives of all forms, down slightly from 62% in October.

Persons: ”, Alicia Huey, ” Huey, NAHB, Robert Dietz, NAHB’s, Specificially, Dietz, ” Dietz, Freddie Mac Organizations: DC CNN, National Association of Home Builders, Federal Reserve, Treasury Locations: Washington, Wells Fargo

☆ Homebuyers struggling to score a house right now have a glimmer of hope
▼ + stars: | 2023-11-14 | by ( Josée Rose | Zoe Rosenberg | ) www.businessinsider.com time to read: +4 min

Taylor Morrison's COO said builders can often offer homebuyers better rates on a newly built house. High mortgage rates, home prices teetering near an all-time high, and historically low inventory are keeping many buyers — and sellers — on the sidelines. The larger share of new homes on the market means paying a mortgage rate around 7% isn't the only way into a home. During its third-quarter earnings call , Taylor Morrison explained that it's attracting "well-qualified consumers even among our first-time homebuyers" and 88% of its buyers are using its financing assistance. As Business Insider previously reported, would-be buyers may have more luck securing a lower rate if they buy a new-construction home.

Persons: Taylor, Erik Heuser, Heuser, —, homebuilder Taylor Morrison, Taylor Morrison, Freddie Mac, Tawn Kelley, It's, they're Organizations: Service, Finance Locations: Florida , Texas, North Carolina, Georgia, Arizona, Washington, Nevada

☆ London stocks slip on sluggish GDP data, Diageo's profit warning
▼ + stars: | 2023-11-10 | by ( Khushi Singh | ) www.reuters.com time to read: +2 min

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. The exporter-focused FTSE 100 (.FTSE) was down 0.9% at 0932 GMT, while the mid-cap FTSE 250 (.FTMC) dropped 2.2%, on track for the biggest one-day fall since early July. The broader beverages index (.FTNMX451010) fell 11.0%, touching the lowest levels since March 2021 and was on track for its biggest one-day decline in over 36 years. Meanwhile, data showed the British economic output failed to grow in the July-to-September period, but at least managed to avoid the start of a recession. Reporting by Khushi Singh in Bengaluru; Editing by Eileen Soreng and Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Johnnie Walker, Khushi Singh, Eileen Soreng Organizations: London Stock Exchange Group, City of, REUTERS, FTSE, Diageo, Bank of England, Bank of, Victoria, U.S . Federal, Thomson Locations: City, City of London, Britain, America, Caribbean, Bengaluru

☆ British homebuilder Taylor Wimpey flags market uncertainty
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

A builder working for Taylor Wimpey builds a roof on an estate in Aylesbury, Britain, February 7, 2017. REUTERS/Eddie Keogh/File Photo Acquire Licensing RightsNov 9 (Reuters) - UK homebuilder Taylor Wimpey (TW.L) on Thursday flagged "significant market uncertainty" as high mortgage rates dent demand, but forecast annual operating profit at the top end of its previous outlook range. Taylor Wimpey's trading update echoed sector peer Persimmon's (PSN.L), which on Tuesday marginally lifted its annual home-build targets while pointing to "highly uncertain" market conditions in 2024. Taylor Wimpey said year-to-date cancellation rate improved to 18%, compared with 24% during the four weeks to July 30, while its total order book excluding joint ventures as at Nov. 5stood at about 1.9 billion pounds ($2.33 billion), down 27% from a year earlier. ($1 = 0.8143 pounds)Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Taylor Wimpey, Eddie Keogh, Taylor Wimpey's, Aby Jose Koilparambil, Rashmi Organizations: REUTERS, Bank of, FTSE, Thomson Locations: Aylesbury, Britain, Bank of England, Bengaluru

☆ The IPO market has grown quiet again. Here's what is behind the shift in sentiment
▼ + stars: | 2023-11-09 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

"That was a big wet blanket" for the IPO market, Greg Martin from Rainmaker Securities told me. Buy now, pay later firm Klarna, another oft-mentioned IPO candidate, told CNBC it has no immediate plans to go public. This is in stark contrast to most years, when big IPOs went public in November and December. A month earlier, in November 2020, Sotera Health raised $1.1 billion, and Miravai Life Sciences raised $1.6 billion. By contrast, a normal year should see at least $50 billion raised.

Persons: Don Short, Matt Kennedy, Greg Martin, IPOs, Klarna, Rivian, Hertz, Braze, Sweetgreen, Allbirds, Airbnb, Doordash, it's fizzling, Instacart, Kennedy, Homebuilder Smith Douglas, Morgan Stanley, there's Organizations: New York Stock Exchange, NYSE, Renaissance Capital, Rainmaker Securities, Wall Street Journal, CNBC, Bloomberg, Sciences, Renaissance, That's, IPOs, Healthcare Locations: Cava, U.S

☆ Homebuilder D.R. Horton sees weaker Q1 as high mortgage rates cool demand
▼ + stars: | 2023-11-07 | by ( Ananta Agarwal | ) www.reuters.com time to read: +2 min

A house under construction is seen at Hawthorne Estates by D. R. Horton in Medford, New Jersey, U.S., May 23, 2022. Horton (DHI.N) said on Tuesday it expects a sequential decline in home sales in the first quarter as high mortgage rates temper demand for housing. With current 30-year fixed mortgage rates nearing 8% and home prices continuing to surge due to a shortage of units for sale, many have deferred their home buying plans. Horton said on a call with analysts, adding that it's offering mortgages in the 6% range compared to the current high rates. In the fourth quarter, D.R.

Persons: Andrew Kelly, homebuilder D.R, Horton, DHI.N, homebuilders, D.R, Ananta Agarwal, Shinjini Organizations: Hawthorne Estates, REUTERS, Revenue, Thomson Locations: Hawthorne, Horton, Medford , New Jersey, U.S, Arlington , Texas, Bengaluru

☆ Stocks making the biggest moves midday: Datadog, Re/Max, Planet Fitness, Tripadvisor and more
▼ + stars: | 2023-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Revenue was $547.5 million, topping the $524.7 million expected. Planet Fitness — Shares rallied 12.4% after the gym chain topped expectations for both earnings and revenue for the third quarter. Vivid Seats beat analysts' expectations for third-quarter revenue, while also offering strong guidance on the measure for 2023 and 2024. Tripadvisor — Shares of the travel website operator jumped 9.5% after the company beat third-quarter earnings and revenue expectations. Hims & Hers Health also raised its full-year guidance and announced a $50 million share repurchase program.

Persons: Max —, Morgan Stanley, Max, StreetAccount, Tripadvisor, Sanmina, Goldman Sachs, D.R, Horton —, — CNBC's Pia Singh, Tanaya Macheel, Sarah Min, Alex Harring, Jesse Pound Organizations: StreetAccount, Revenue, National Association of Realtors, BioMarin Pharmaceutical, Reuters, Elliott Investment Management, BioMarin, Air Products, Chemicals, UBS, Credit Suisse Locations: Swiss

☆ UK housebuilder Persimmon lifts home-build target in tough market
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

A company logo is seen on the outside of a sales office at a Persimmon housing development in Liverpool, Britain, August 23, 2023. The target hike comes after peers Barratt (BDEV.L) and Vistry (VTYV.L) last month flagged that challenges in the British housing market would continue over the coming months. High mortgage rates have dented sales for much of this year, forcing builders to warn on profits and cut home-build targets at a time when the UK economy is battling marked challenges, including sticky inflation and slowdown. The FTSE 250 (.FTMC) firm now expects to build 9,500 homes in 2023, above its August forecast of 9,000 units, helped by improved sales since the start of October. Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.

Persons: Phil Noble, Barratt, Persimmon, Aby Jose Koilparambil, Subhranshu Sahu Organizations: REUTERS, FTSE, Thomson Locations: Liverpool, Britain, York, Bengaluru

☆ Earnings playbook: How to trade the biggest reports this week, including Disney
▼ + stars: | 2023-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

Horton is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Wednesday Biogen is set to report earnings in the premarket. Disney is set to report earnings after the close, with a conference call scheduled for 4:30 p.m. MGM Resorts is set to report earnings after the closing bell, with a call slated for 5 p.m. What history shows: MGM only exceeds earnings estimates 53% of the time, Bespoke data shows.

Persons: Horton, FactSet's John Butters, Butters, D.R, DHI, BIIB, WBD, Max, Bank of America Jessica Reif Ehrlich, Goldman Sachs, Brett Feldman, Bill Hornbuckle, — CNBC's Michael Bloom Organizations: Disney, MGM Resorts, CNBC, LSEG, Federal Reserve, Investment, Warner Bros, Warner Bros Discovery, Warner, Bank of America, MGM Locations: Macao

☆ Yes, it's possible to get a 4.8% mortgage today — here's how
▼ + stars: | 2023-11-04 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

A top homebuilder executive shared advice for getting a lower mortgage rate right now. Taylor Morrison's Tawn Kelley suggested borrowing directly from a builder's mortgage arm. AdvertisementAdvertisementHigh mortgage rates have deterred many would-be homebuyers from purchasing a property over the last year. But here may be a glimmer of hope: People may have more luck securing a lower mortgage rate if they buy a new-construction home. Builder incentives include rate buydowns, mortgage rate locks, and forward commitments.

Persons: Taylor Morrison's Tawn Kelley, Kelley, —, Tawn Kelley, homebuilder Taylor Morrison, Insider's Alex Nicoll, Freddie Mac, Taylor Morrison, Organizations: Service, National Association of Realtors, Mortgage, Finance Locations: balk

☆ Wall Street will try to maintain momentum next week after a strong start to November
▼ + stars: | 2023-11-03 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Stocks will try to maintain their upward momentum next week after a strong start to November, with Treasury yields falling from their highs and investors betting the Federal Reserve may well be done raising interest rates. Those gains came after the Fed kept rates unchanged for a second straight meeting, and as bond yields tumbled. Earnings and economic data Of course, investors will absorb some notable data next week. "Bond yields are the primary concern for investors and what drives bond yields are supply and demand," Stovall said. Initial Claims (11/04) Earnings: Wynn Resorts Friday, Nov. 10, 2023 10 a.m. Michigan Sentiment preliminary (November) 2 p.m. Treasury Budget (October)

Persons: Stocks, Sam Stovall, Stovall, FactSet, D.R, Horton, Jerome Powell, he's, they've, Dave Sekera, Cook, John Williams, Sekera, you've, Erika H, James, Ralph Lauren, Warner Organizations: Treasury, Reserve, Nasdaq, Fed, Stock Traders, International Monetary Fund, Morningstar Research Services, Duke University, New York Federal Reserve, Duke University ,, Economic Club of New, Harvard Club, Consumer Credit, Occidental Petroleum, eBay, Air Products, Chemicals, DC, Walt Disney Company, MGM Resorts International, Warner Bros, Wynn Resorts, Treasury Budget Locations: Michigan, U.S, Washington ,, Duke University , Durham, N.C, Economic Club of New York, Horton, Washington, a.m

☆ Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns
▼ + stars: | 2023-10-31 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

The US housing market looks like it's headed for a recession, Wells Fargo has warned. AdvertisementAdvertisementThe Federal Reserve's aggressive interest-rate hikes could be about to trigger a housing-market recession that echoes the slowdown of the 1980s, Wells Fargo has warned. "Although mortgage rates may gradually descend once the Federal Reserve begins to ease monetary policy, financing costs are likely to remain elevated relative to recent norms," they added. Please Lower Interest Rates." AdvertisementAdvertisement"The plea for assistance from housing industry participants, both in the early 1980s and more recently, illustrates the severe impact higher interest rates can have on the residential sector," Dougherty and Barley wrote.

Persons: Wells Fargo, —, Charlie Dougherty, Patrick Barley, Freddie Mac, Jackson, Paul Volcker, National Association of Homebuilders, Jerome Powell, Dougherty, Barley Organizations: Service, Federal, Fed, Wells, National Association of Realtors, Mortgage Bankers Association, National Association of Locations: Redfin

☆ The death of downtowns
▼ + stars: | 2023-10-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the number of empty storefronts overwhelming downtowns isn't just a product of the post-pandemic world. When it comes to local downtowns, not all small businesses are created equally. A homebuilder executive breaks down the do's and don'ts that've helped her clients lower rates from 8% to 4.875%.

Persons: —, that's, Tyler, Insider's Adam Rogers, it's, Adam, Justin Sullivan, It's, Lucas Jackson, Elon Musk, Joel Saget, Sheldon Cooper, Getty Images Elon, X, Daniel Rizea, Haley Rosen, Marie Donoghue, Rosalyn Durant, don'ts that've, Heidi Klum's, Jayne Withers, Zers, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Getty Images, Apple, Google, ESPN, NFL, NBA, Walmart, Workers, Fed, Pfizer, Samsung Locations: National, New York, AFP, New York City, San Diego, London

Rising interest rates have slammed the breaks on America's housing market, with home sales down 15.4% year-over-year in September, according to the National Association of Realtors. By controlling the financing, they can offer yesterday's mortgage rates, saving customers tens of thousands of dollars and moving inventory in the process. Tawn Kelley, president of financial services at homebuilder Taylor Morrison, told Insider that financing is an essential part of the home-selling puzzle. Then, there are forward commitments, another way to prepay interest rates that allows a homebuilder to pay down more of it. There are also float downs, which allow purchasers who lock in a mortgage price to reduce their interest rates if mortgage rates get smaller over the course of their mortgage lock.

Persons: Tawn Kelley, homebuilder Taylor Morrison, Kelley, Taylor Morrison, Devyn Bachman, John Burns, Taylor Morrison's, it's, they've, homebuyers, Kurt Carlton Organizations: National Association of Realtors, Census, Finance Locations: homebuying, homebuilding

☆ Country Garden has defaulted on its debt. What’s next?
▼ + stars: | 2023-10-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18. It’s similar to an insurance product in that it can protect buyers against losses arising from debt default by a company or government. Country Garden, formerly China’s largest homebuilder, missed the payment on a $500 million bond as it battles a liquidity crisis. “Country Garden was once considered a safe name, even as peers like Evergrande and Sunac China went bankrupt around them. What’s next for Country Garden?

Persons: JP Morgan, Goldman Sachs, Jeff Zhang, ”, John Bringardner, What’s, “, ” Zhang, Bringardner Organizations: Hong Kong CNN, CDS, Citadel Americas, Morningstar, Country Garden, Sunac Locations: Hong Kong, Sunac China, New York, China

There is a new poster child of China’s protracted real estate crisis — Country Garden. Country Garden has not responded to requests for comment by phone or email. Here’s what to know about the rise and fall of Country Garden, and the future of China’s once red-hot property sector. Until last year, Country Garden was China’s biggest real estate developer, specializing in residential property. While confidence in China’s real estate sector has been shaky since the collapse of Evergrande, Country Garden reignited fears in August when its liquidity crisis burst into public view.

Persons: Evergrande, Yang Huiyan, Krishna Srinivasan, ” Organizations: Hong Kong CNN, Bloomberg News, Financial Times, Citigroup, Hong Kong, Country Garden, Seng, International Monetary Fund, National Bureau of Statistics, Pacific Department Locations: Hong Kong, Foshan, Guangdong province, China, United States, Evergrande, Beijing, Asia

☆ Get long boomer stocks and short millennial shares, says Bank of America
▼ + stars: | 2023-10-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Boomers have cash and appear to be weathering rising interest rates better than other generations, according to Bank of America. Because of this, the bank sees stocks particularly exposed to the well-off group that investors of all ages should buy. In contrast, Bank of America found millennials are the only generation with a meaningful amount of mortgage debt incurred after 2021, according to Bank of America. Bank data shows boomers have yet to feel the pinch from higher rates — and the wealthy subsection of the generation is actually benefitting from them. Given apparel is more prominent among millennials, Kwon pointed to Revolve as a short play.

Persons: Ohsung Kwon, septuagenarians, Kwon, Welltower, Kwon's boomer, LSEG, — CNBC's Michael Organizations: Boomers, Bank of America, Bank of America . Bank, American, Service Corporation

Average 30-year mortgage rates are currently at a two-decade high. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 30-Year Fixed Mortgage RatesLast week's average 30-year fixed mortgage rate is 7.63%, according to Freddie Mac. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.92% last week, according to Freddie Mac data. Mortgage rates increased dramatically in 2022 and have been volatile so far in 2023, but they're expected to trend down later this year.

Persons: you'll, Freddie Mac Organizations: Zillow, Federal Reserve Locations: Chevron

☆ A recession is about to hit the US economy. Here are 3 warning signs that defy consensus view, according to Raymond James
▼ + stars: | 2023-10-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

A recession is poised to hit the US economy within the next nine months, according to Raymond James. These are the three big warning signs Raymond James is monitoring ahead of a potential recession. These are the three warning signs he is monitoring ahead of a potential recession. Tailwinds that drove strong consumer spending since the pandemic are ending and excess savings have been nearly depleted. All of these risks should ultimately weigh on consumer spending habits as the crucial holiday season approaches.

Persons: Raymond James, Larry Adam, Adam, Brian Moynihan Organizations: Bank of America, Consumers

☆ Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets
▼ + stars: | 2023-10-20 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +5 min

Expectations that the Federal Reserve will keep interest rates elevated and mounting U.S. fiscal concerns are among the factors driving the move. Because the $25-trillion Treasury market is considered the bedrock of the global financial system, soaring yields on U.S. government bonds have had wide-ranging effects. "The longer we remain at higher interest rates, the more likely something is to break." Elon Musk warned that high interest rates could sap electric-vehicle demand, which knocked shares of the sector on Thursday. Reuters GraphicsThe U.S. dollar has advanced an average of about 6.4% against its G10 peers since the rise in Treasury yields accelerated in mid-July.

Persons: Brendan McDermid, Gennadiy Goldberg, Jerome Powell, Powell, Elon Musk, Tesla’s, gravitating, Athanasios Vamvakidis, Saqib Iqbal Ahmed, Ira Iosebashvili, Stephen Coates Organizations: New York Stock Exchange, REUTERS, Treasury, Federal Reserve, TD Securities, Reuters, Global Research, Reuters Graphics, ICE, Fed, Thomson Locations: New York City, U.S, New York, Treasuries

☆ As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says
▼ + stars: | 2023-10-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Lifestylevisuals | E+ | Getty ImagesHow home affordability has changedIn August 2020, the typical monthly mortgage payment was $1,581, based on an average interest rate of 2.94%, Redfin found. Nowadays, the typical U.S. homebuyer's monthly mortgage payment is $2,866, according to Redfin — an all-time high. "In the next year or two years, interest rates will be lower, and people will have the ability to refinance." That said, competition for homes on the market is likely to be worse in a few years as interest rates cool, she said. "When interest rates come down, everyone's going to come back to the marketplace," said Cohn.

Persons: Redfin, homebuyers, Mark Hamrick, Alicia Huey, Melissa Cohn, William Raveis, Cohn Organizations: Bankrate.com, Istock, Federal Reserve, CNBC, William Raveis Mortgage Locations: U.S, Birmingham , Alabama, New York

☆ The CIO of a hedge fund says he's betting home prices are going to drop at least 15-20% as consumers start to weaken and 'smart money' gets out of the market
▼ + stars: | 2023-10-19 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Daniel Bustamante, the hedge-fund CIO who won big in his short bet against shares of Carvana last year, is now betting millions of dollars that the housing market will slow significantly. Bustamante's call for home prices is an outlier in terms of where most Wall Street economists see the housing market headed. ATTOMAnother sign that things may go sour in the housing market is that institutional investors, or "smart money", has increasingly stopped buying residential properties, he said. RedfinAgain, Bustamante sees significant downside to home prices ahead. Recession warnings on Wall Street have become quieter in recent months as jobs and consumer spending data have held up.

Persons: Daniel Bustamante, DR, they'll, Bustamante, Bustamante anecdotally, ATTOM Organizations: Bustamante & Co, KB, Federal, National Locations: Carvana, Maricopa County , Arizona

☆ Tight housing supply means crash is unlikely, says Mortgage News Daily's Matthew Graham
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTight housing supply means crash is unlikely, says Mortgage News Daily's Matthew GrahamMatthew Graham, chief operating officer at Mortgage News Daily, joins 'The Exchange' to discuss a mix of hawkish and dovish commentary coming from the Fed, tightness in home supply stalling a housing value crash, and the risk homebuilder mortgage rate writedowns could have on the overall housing market.

Persons: Matthew Graham Matthew Graham Organizations: Mortgage News

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