Homebuilder shares fade as mortgage rates back up through 6.5 percent
The spring lock-in is still the demand story. The rate is the gating item again.
Senior Markets Correspondent
Analytics dashboards on a monitor wall
NEW YORK — The spring lock-in is still the demand story. The rate is the gating item again.
Lennar and D.R. Horton gave back a two-day bounce after the 30-year mortgage print crossed a level that has repeatedly capped order growth in this cycle.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.
