@cnbc: Ryan Marshall, PulteGroup CEO, tells "Squawk Box" his company has had "some success" selling homes amid a rise in #mortgage rates. ⠀ Watch more at the #linkinbio or the link on screen. #CNBC #SquawkBox

EdPan09 :

That is true; there’s a new community in my area, and Pulte Homes is one of the builders. I went last week and saw the new home and asked about the interest rate; they are offering 4.99 fixed for 30 years. This is in Phoenix, AZ.

Josh :

Stop overpricing crap made homes to start

Rich :

wtf is unovercomable

italkrealestate :

We were almost out and then we went into Iran

Steven :

Translation: the fed increasing rates doesn't impact mortgages as much as people claimed.

Ericus Alanas :

They sell $500k sheds

Bryce Del Rio :

that face says were going to be asking for a bailout soon

matt flippin :

what these home builders are doing is pricing these rate buy downs into their pricing when building. they buy down the rates so these builders usually have the lowest rates in town.

Userdrjdjd :

Its time to buy a house next year. The fed is gonna hike rates two more times watch. They will be forced to reduced home prices.

PlatosParadox :

So much for dating the rate. At this point is an engagement. 🤣

ABC123 :

Liar buddy.

EffyD :

On the net, it’s not a huge impact. Everyone remembers the 1% rate mortgages, but people forget that homes were rising in price 25% per year. Now rates are 7%, but home values are basically flat, or slightly negative

Lee :

Mr. Ryan, a lot of people made significant money when mortgage rates were around 3% in 2019–2021, and the tax cuts also benefited many investors and homeowners. When interest rates rise, affordability drops, so sellers and builders may have to lower prices to attract buyers.

Pilotroar12 :

I thought the base rate didn’t effect mortgages? They keep changing their message

Philly Ray :

Mmmmmmm why are people buuuuyyiinnng??

Chad :

Home builders are loosing all the profits on the mortgage rate buy downs

cynthia70000 :

Too bad we can earn money by saving now

universalmomentes :

Doesn't impact it, because home investors are still fueling it. 😂

pmtcommentor :

At the same time they price a 500k home at 800k

tsiigabara :

Chat I think we are cooked

Tommy Joe :

You can lower the rate. Nothing stopped. More important you could actually do more for people when it comes to their credit files. If we took the same standard, that should’ve been applied to banks when they came to the federal government for money to be bailed out for the mistakes they caused they would’ve told the government would’ve told these banks no but they threw the money out there. Thanks, and the credit industry needs to get together and do more than what they currently are doing. A person with blemish on the record for 7+ years is unacceptable. Members of Congress will serve two years before they either have to run again. They’re voted in for another term or they’re voted out same should be applied to your credit.

Cherish :

Mortgage rate buy downs should be illegal. It keeps inflating house prices

Thai Fever :

Pulte is junk builders.

19k226 :

Lip Allowance :

lol