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2. Lennar calls affordability 'stretched' as cracks in US ... - AOL

   www.aol.com/finance/lennar-calls-affordability...

   High rates have prompted builders to offer a variety of incentives from mortgage rate buydowns to price reductions. Lennar cut its average sales price to $413,000 during the quarter, an 8% drop ...

3. Lennar reports Q4 results below estimates on increased cost ...

   www.aol.com/lennar-reports-q4-results-below...

   The U.S. housing market has struggled to rebound after being knocked down by a resurgence in mortgage rates in the spring. The 30-year fixed mortgage rate tracks the benchmark 10-year Treasury ...

4. Housing market affordability is so strained that this Fortune ...

   www.aol.com/finance/housing-market-affordability...

   Look no further than Lennar, a homebuilder ranked No. 119 on the Fortune 500, which is presently promoting a "fixed [mortgage] rate of 4.25%" in Colorado for buyers who "sign a purchase agreement ...

5. Buying down mortgage rates wasn’t worth it in 2023, experts ...

   www.aol.com/finance/buying-down-mortgage-rates...

   Buying down mortgage rates wasn’t worth it in 2023, experts say, and won’t be worth it in 2024. ... On a $400,000 loan, purchasing one point translates to $4,000 owed at closing. Discount ...

6. How Much Does It Cost To Buy Down Your Interest Rate? - AOL

   www.aol.com/much-does-cost-buy-down-190009381.html

   A high mortgage interest rate can make it difficult to afford your monthly payments despite being fully qualified for your loan. If you choose to buy down your interest rate, this can can ease the...

7. How much does a 1% change in mortgage rates actually ... - AOL

   www.aol.com/finance/how-much-does-1-percent...

   If you borrowed $20,000 with a 60-month personal loan at a 9% interest rate, you’d repay roughly $24,900 — or $4,900 in interest over the life of your loan.