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TMHC - Taylor Morrison Home Corp.: Built-To-Rent Strategy May Not Realize Strong Benefits This Year
Taylor Morrison Home Corporation Class A
Taylor Morrison Home Corp (NYSE: TMHC) plummeted 2.58% in post-market trading on June 8, 2020. There has been uncertainty among investors and analysts on whether the Federal Reserve will maintain the interest rate to zero or in the negative range on June 10, 2020. With the rates, now at historic lows, home-buyers have a good purchasing opportunity. As it turned out, the Feds range of the funds rates were maintained at 0-0.25%.
The US Bureau of Labor Statistics reported that the month of May had seen an increase in construction employment by 464,000 after