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A Banner First Half For Homebuilders As Mortgage Rates Fall
Article By:
Bespoke Investment Group
Tuesday, June 18, 2019 12:15 AM EDT
After a very weak second half of 2018 due to rising mortgage rates, the S&P 1500 Homebuilder group has rallied 35% in 2019 to a new 52-week closing high as of last Friday.
4 Homebuilders To Buy Despite Higher Prices & Mortgage Rates
Article By:
Sweta Killa
Tuesday, May 29, 2018 12:33 PM EDT
Higher home prices and rising rates don’t seem to be major issues for the housing market currently and there are a number of reasons to be optimistic going forward.
KB Home (KBH) Q1 Earnings Beat Expectations, Revenues Lag
Article By:
Zacks Investment Research
Thursday, March 22, 2018 8:00 PM EDT
KB Home KBH surpassed the Zacks Consensus Estimate in first-quarter fiscal 2018 on the top line but failed to meet the same on the bottom line. Following the release, shares of the company have gained 0.5% in the after-hours on Mar 22.