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30-year fixed-rate mortgage averaged 3.69% with an average 0.8 point for the week ending Feb. 10, 2022, up from last week when it averaged 3.55%; higher than 2.73% a year ago, according to the Freddie Mac Primary Mortgage Survey. Rates have jumped to the highest level since the...
30-year fixed-rate mortgage averaged 3.55% with an average 0.8 point for the week ending Feb. 3, 2022, unchanged from last week; higher than 2.73% a year ago, according to the Freddie Mac Primary Mortgage Survey. "This stagnation reflects the economic impact of the Omicron variant o...
TopBuild continues to grow at a nice clip due to both organic means and via acquisitions. The business is likely to continue performing well for the foreseeable future, but shares aren't exactly cheap. All things considered, the company probably does offer some nice upside potenti...
Meritage Homes recently reported mixed Q4 results with EPS beating the consensus estimates while revenues missed slightly. While absorption is expected to decline with rising interest rates, we should still see very healthy earnings over the next couple of years. Even if we assume...
Image source: The Motley Fool. Meritage Homes (NYSE: MTH) Q4 2021 Earnings Call Jan 27, 2022 , 10:00 a.m. ET Operator Continue reading For further details see: Meritage Homes (MTH) Q4 2021 Earnings Call Transcript
SCOTTSDALE, Ariz., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2021. Summary Operating Results (unaudited) (Dollars in thousan...
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Rising inflation and expected interest rate hikes have pushed mortgage rates to a 20-month high lately. And since higher mortgage rates could cause a decline in demand for homes, the homebuilding industry might witness a downtrend in the near term. Therefore, we think it could be wise to avoi...
SCOTTSDALE, Ariz., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, plans to release the Company's fourth quarter 2021 results on Wednesday, January 26, 2022 after the market closes. Management will host a conference call to discuss the r...
As the COVID-19-omicron-related concerns mount, people will likely spend more time at home. And because the homebuilding industry is expected to remain in focus, homebuilding stocks PulteGroup (PHM), Meritage Homes (MTH), and M.D.C. Holdings (MDC) could be solid additions to one’s watc...
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SCOTTSDALE, Ariz., June 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes , the fifth largest public homebuilder in the U.S., is pleased to share recent national accolades recognizing its commitment to energy efficiency, customer service excellence, and philanthropic efforts. ENERGY STAR...