Previous close | 0.2900 |
Open | 0.3500 |
Bid | 0.0500 |
Ask | 2.1500 |
Strike | 27.00 |
Expiry date | 2025-01-17 |
Day's range | 0.2900 - 0.3500 |
Contract range | N/A |
Volume | |
Open interest | 186 |
Homebuilders who bucked the worst of last year’s housing slump may be seeing their luck run out. Last month's sales skidded to a seasonally adjusted annual rate of 619,000 units, the slowest pace since November, the U.S. Census Bureau reported Wednesday. The average rate on a 30-year mortgage has mostly hovered around 7% this year, according to mortgage buyer Freddie Mac.
New home sales decline in May, thanks to high borrowing costs. Does this prepare us for a grim outlook for housing?
KB Home (KBH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.