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Homebuilders Use Low Mortgage Rates to Lure Buyers
Bloomberg Televisionยท2025-11-06 21:02

So, Prashant, we know that these homebuilders have been doing these mortgage rate buy downs where if the 30 year fixed rate mortgage is six and a half percent, they'll bring it down to something lower, maybe in the 5% range. But your reporting shows that a lot of these homebuilders are managing to bring down the mortgage rate to something in the neighborhood of 3% or 2% or even 1%, things we haven't seen since the COVID era. Yeah, I think of it like, you know, sort of like being in a at a car dealership or ...