OTCQX:FMCC 16 March 2026

Mortgage Rates Today: 30-Year Fixed Slips From Recent Highs as Treasury Yields Fall, Mortgage Stocks Split

U.S. 30-year fixed mortgage rates fell to 6.36% Monday, down from 6.41% Friday, as the 10-year Treasury yield slipped to 4.224%. Existing-home sales rose 1.7% in February, while mortgage applications and builder sentiment showed uneven demand. Rocket Companies shares gained 4.5%, but UWM Holdings and loanDepot declined. Markets expect the Fed to hold rates steady this week.

16 March 2026

OTCQX:FMCC·Real Estate·Stock Market

KB Home Faces Earnings Decline Amid Challenging Housing Market Conditions
April 6, 2026, 7:59 AM EDT. KB Home (KBH), a leading U.S. homebuilder operating in 49 markets, reported fiscal Q1 2026 revenue down 23% to $1.08 billion and a 14% drop in homes delivered. The adjusted gross profit margin fell to 15.5%, below the key 20% threshold, driven by price cuts and higher land costs. Analysts cut 2026 earnings estimates by 45.6% to $3.55 amid ongoing market pressures and geopolitical uncertainties. Despite solid community traffic and higher-margin orders, share prices have weakened over six months, reflecting persistent housing market struggles. KBH trades at a forward P/E of 14.3, indicating potential value but also risks as earnings decline continues.