Three Homebuilders For A Low Interest Rate Environment
Interest rates for a 30-year fixed-rate mortgage for the fifth straight week, reaching the lowest level so far this year, according to Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)'s weekly survey, which could give a boost to some homebuilders that are better positioned for a low-interest rate environment.
“We do not forecast mortgage rates, but if mortgage rates stay at or below current levels for the balance of the year . . .
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