This strategy for getting a 5% mortgage isn't going away anytime soon [Yahoo! Finance]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: Yahoo! Finance
The area's strong economy and low cost of living attracted them, and Church, a radio host who grew up in Tennessee, was keen to return to the Southeast, where his show gets most of its distribution. Touring homes outside of Huntsville, Ala., the couple found that new construction was the cheaper option, thanks in part to mortgage rate incentives offered by builder D.R. Horton. In September, they closed on a three-bedroom, two-bathroom home for about $280,000. At a time when average mortgage rates were around 6%, they locked in a sub-5% interest rate for the life of their loan, and even lower rates in their first two years. “We got a really good deal,” Church said. House hunters are likely to continue to see offers like this, known as mortgage rate buydowns, in the coming year. Homebuilders have long talked about easing up on the mortgage rate promotions they've relied on to help woo cost-conscious buyers in recent years, but rising competition from the existing home market may
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DHI
News
- D.R. Horton Unveils its First Master-Planned Community in Salem, Utah [Yahoo! Finance]Yahoo! Finance
- Lennar (LEN) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Jome Raises $9.8M in Series A Funding to Unlock Access to New Construction Homes Amid Housing Crisis [Yahoo! Finance]Yahoo! Finance
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $175.00. They now have an "overweight" rating on the stock.MarketBeat
- This strategy for getting a 5% mortgage isn't going away anytime soon [Yahoo! Finance Canada]Yahoo! Finance Canada
DHI
Earnings
- 10/29/24 - Miss
DHI
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- DHI's page on the SEC website