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KB Home (NYSE:KBH) Q3 2023 Earnings Call Transcript

KB Home (NYSE:KBH) Q3 2023 Earnings Call Transcript September 20, 2023 KB Home beats earnings expectations. Reported EPS is $1.8, expectations were $1.43. Operator: Good afternoon. My name is John, and I will be your conference operator today. I would like to welcome everyone to the KB Home 2023 Third Quarter Earnings Conference Call. At […] ....

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30-Year Mortgage At Highest Level Since 2000: Two REIT Sectors That May Benefit

Last week the national average rate on the 30-year fixed mortgage rose to 7.48%, the highest level in the U.S. since November 2000. A rise in bond yields on Monday triggered an increase in the 30-year mortgage rate, the most popular form of loan term. The increase makes housing even more unaffordable than it already was, especially for starter homes. It also increases the likelihood that homeowners with far lower mortgage rates will stay in their homes rather than move to another location or typ ....

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