D.R. Horton’s fiscal fourth-quarter net income fell as the recent spike in mortgage rates weighed on orders and boosted cancellations, and the home builder warned the slump is likely to continue in fiscal 2027.
Source link
D.R. Horton’s fiscal fourth-quarter net income fell as the recent spike in mortgage rates weighed on orders and boosted cancellations, and the home builder warned the slump is likely to continue in fiscal 2027.
Source link