Hovnanian Enterprises : Take Advantage of Low Mortgage Rates While You Still Can
February 18, 2021 at 04:12 pm EST
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Mortgage rates have climbed to their highest levels since mid-November, reportsThe Washington Post. According to data released this week by Freddie Mac, the average 30-year fixed rate has risen to 2.81 percent and the average 15-year fixed rate has increased to 2.21 percent. Make no mistake: these are still historically low rates - down from the 4% rates we saw in 2019 - but it appears the trend of falling mortgage rates may finally be starting to reverse.
To take advantage of these low rates while you still can and find the home of your dreams, visit us at khov.com
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Hovnanian Enterprises Inc. published this content on 18 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2021 21:10:12 UTC.
Hovnanian Enterprises, Inc., through its subsidiaries, conducts all of its homebuilding and financial services operations. Its segment includes Homebuilding and Financial services. The Homebuilding segment consists of three segments: Northeast (Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia); Southeast (Florida, Georgia and South Carolina), and West (Arizona, California and Texas). The Homebuilding segments are engaged in the sale and construction of single-family attached and detached homes, attached town homes and condominiums, urban infill and active lifestyle homes in planned residential developments. It also includes sales of land. The Financial services segment provides mortgage banking and title services to homebuilding operations customers. Its residential development activities include site planning and engineering, obtaining environmental and other regulatory approvals and constructing roads, drainage facilities and others.
HOVNANIAN ENTERPRISES, INC. 
