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Lennar chairman says interest rate drop luring home buyers back to the marketAfter a tough fourth quarter, Lennar's chairman Stuart Miller said December's interest rate drop spurred a surge in customer traffic through their model homes. That could bode well for the broader market in new homes.
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications plummet nearly 10% to end 2018, despite lower ratesThe numbers are surprising, given that homebuyers and homeowners looking to refinance could have taken advantage of lower interest rates. I guess those SALT deduction caps actually have an impact. Who knew?
Source: CNBC - 🏆 12. / 72 Read more »