ThinkstockIn the past 60 days, mortgage rates have moved up 60 basis points from 3.35% to near 4%. While that may seem like a large move, it is important to remember that…
ThinkstockInterest rates are rising and the 30-year mortgage just hit a 12-month high. Rising rates will eat up your spending power and erode the value of your fixed income investments. So, will…
Flickr, Images of MoneyThe housing data keeps rolling in stronger and stronger for the U.S. economy. What is at issue is whether investors should keep paying up and up for housing stocks.…
ThinkstockAs Washington tries to find its way out of increasing debt, the debate continues over whether American companies should pay more or less in taxes. Meanwhile, some of the largest U.S. public…
ThinkstockThe home building industry may have been left for dead after the mortgage debacle and recession of 2008, but it continues to help lead markets higher and heal a very anemic economy.…
ThinkstockFollowing about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders’ stocks. Upbeat reports on the state of the housing market, historically low…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut…
U.S. equity markets opened slightly lower this morning following not-much in the way of new data and a wait-and-see attitude until tomorrow’s meeting announcement from the FOMC, which began a two-day meeting…
U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield for the…
ThinkstockBank of America/Merrill Lynch is going positive on the housing sector. This call is in builders and in building products, but they also made a positive call on two senior housing plays.…
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country…
ThinkstockA disappointing report for new home sales in October sure took a bite out of the homebuilder stocks today. The Census Bureau showed a 0.3% decline to 368,000 on an annualized basis. This…
U.S. equity markets opened higher this morning on a day when most government offices and banks are closed in observance of Veteran’s Day. Asian markets were muddled this morning as reports came…
ThinkstockHomebuilders Beazer Homes USA Inc. (NYSE: BZH) and D.R. Horton Inc. (NYSE: DHI) reported fiscal fourth-quarter 2012 earnings this morning. For the quarter, Beazer posted a net loss of $2.82 per share…
