David Goldberg on mortgage rates
From David Goldberg, Chief Financial Officer at Beazer Homes joins NYSE TV Live · · New York Stock Exchange
“We watch mortgage rates every single day we have a very differentiated program at Beazer called mortgage Choice most builders most public Builders have captive mortgage subsidiaries we don't we preet lenders to compete for our buyer business at the community level and so we're constantly watching what lenders are doing how our lenders our preferred lenders are performing making sure that we're driving the right level of competition for our buyers.”
On , David Goldberg, Senior Vice President, Chief Financial Officer & Treasurer at BEAZER HOMES USA INC, spoke about mortgage rates during David Goldberg, Chief Financial Officer at Beazer Homes joins NYSE TV Live on New York Stock Exchange.
About David Goldberg
David Goldberg, Senior Vice President, Chief Financial Officer and Treasurer at Beazer Homes USA, appeared on NYSE TV Live on December 17, 2024, to discuss the company's fourth-quarter results and outlook. He noted that October sales grew over 30% year-over-year, attributing the increase to buyers returning to the market despite high mortgage rates. Goldberg stated that he expects mortgage rates to remain "higher for longer" in the seven percent range, adding that the company had previously anticipated a decline in rates. He said Beazer is watching the job market and wages closely, but described it as "still early to tell" what impact potential policy changes from the incoming Trump administration, such as tariffs and mass deportations, could have on the business. Goldberg highlighted Beazer's commitment to building "Zero Energy ready" homes, stating the company plans for 100% of its homes to meet that standard by the end of calendar year 2025, a goal he said no other public builder has made. He also discussed the company's "mortgage Choice" program, which allows lenders to compete for buyers at the community level, and said Beazer is focused on growing its community count and driving double-digit returns on capital employed.