Scalper1 News
Ranked No. 2 in Tuesday’s IBD, the homebuilding industry group has a number of positive factors going for it. First, the benchmark 30-year mortgage rate is still near the record low levels hit in 2012. Even as prices have moved higher, demand remains strong. In August, new-home sales rose by the fastest pace in more than seven years. While the rebound in the housing market has been in effect for several years, it still has further to go, according Scalper1 News
Scalper1 News