Iran war, high rates chill pending home sales

The Iran war sent mortgage rates surging and homebuyers retreating in the four weeks ending April 5, with pending home sales falling 2.4 percent year over year — the biggest decline in three months. Continue reading

KB Home says the Iran war is already ‘weighing on the consumer’

The war in Iran’s impact on the housing market is emerging as KB Home reports weaker demand, lower earnings and rising uncertainty. Continue reading