Shares of D.R. Horton (DHI) are sinking after the homebuilder missed fourth quarter earnings and revenue estimates. The company also forecasted 2025 revenue and home deliveries to come in below expectations, citing mortgage rate volatility and uncertainty keeping buyers on the sidelines.

Morning Brief Hosts Seana Smith and Brad Smith discuss the earnings report and how the election is also affecting the housing market.

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This post was written by Melanie Riehl