NVR News and Press, NVR Inc. From 11/04/21

“While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus,” said Sam Khater, Freddie Mac’s Chief Economist. 30-year fixed-rate mortgage averaged 3.09% with an av...

NVR (NVR +2.3%) has announced a share repurchase program to buyback $500M of its outstanding common stock. As of November 2, 2021, NVR had 3,478,765 total shares of common stock outstanding. The latest authorization is a continuation of the stock repurchase program that began in 1994. For f...

Intel hired the well-respected Pat Gelsinger as its CEO in February 2021. In the current age of machine learning, cryptocurrency mining, and embedded chips, Intel has fallen behind both on the chip design and the manufacturing front. If Mr. Gelsinger can reverse the market share e...

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

"The yield on the 10-year Treasury note has been trending up due to the decline in new COVID cases, increasing consumer optimism, as well as broadening inflation and persistent shortages," chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 3.14% for the week ending Oct...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The strong housing market has been a catalyst for housing stocks. And it appears this rally has legs. You only need a basic understanding of economics to know that there is inflation in the economy. Yes, the core Consumer...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

Ensemble Capital Management, LLC is based in Burlingame, California, midway between Silicon Valley and San Francisco. The firm offers customized portfolio management and philanthropic solutions with unparalleled client service. Notable detractors from our performance came from our inv...

Homebuilders - which emerged as unexpected leaders early in the pandemic - dipped into "bear market territory" in early October as supply chain headwinds, soaring home prices, and rising rates spooked investors. Record-low supply levels and robust single-family housing deman...

Rising mortgage rates have caused a decline in refinancing and new loan originations, which should dampen the homebuilding industry’s growth. In addition, supply chain constraints are expected to muddy the industry’s near-term prospects. Therefore, we think homebuilding stocks D...