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Why Builders Have Positive Outlooks for the Spring Selling Season

Why Builders Have Positive Outlooks for the Spring Selling Season
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A popular incentive for homebuyers is here to stay — for now

Two of the country's biggest homebuilders have said they aren't planning on pulling back on their practice of offering mortgage rate buydowns, where builders cover a portion of the interest rate a buyer pays on a loan.

DR Horton weighs on homebuilder stocks amid jitters over rising rates, incentives

D.R. Horton said on its call with analysts it would be cautious in making changes to its concession strategy — which consists of mortgage rate buydowns that hurt margins but make homes more affordable for buyers — should mortgage rates stall in marching lower.

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