Long-term mortgage rates hit 2005 lows Citigroup Knocks Builder Stocks and Takes Hit of Their Own
Nov 26

Late Monday morning one of Citigroup’s analysts, Stephen Kim,
downgraded the entire homebuilding sector because he
could not find anything to suggest that the residential housing market
would improve until the second quarter of 2008.

Kim downgraded stocks of seven of the largest
homebuilders
from a…

Read More Now

Leave a Reply