company TMHC - SteadyBase

steadybase-$ company TMHC

account_id none on file

legal_name none on file

ticker TMHC

cik 1562476

domain taylormorrison.com

linkedin_company_url https://www.linkedin.com/company/taylor-morrison/

entry_point_account_id none on file

name Taylor Morrison Home Corporation

sector Consumer Discretionary

irhttps://investors.taylormorrison.com/

sector index/company/sector/consumer-discretionary/

calls 2 filings 12 executives 8 family 0

why_nownone on file

calls

As you heard in my prepared remarks, a high majority of our first-time buyers were able to take advantage of that forward commitment. So I do think they're traveling together, but given where we think we are today with Fed commentary and the movement we've seen in rates, I would hope that we would see some continued improvement.

Jul 24, 2024 / receipt, needs a key / Cheryl, CFO | earnings call 2024-07-24 | transcript a5c80a76-b40e-4278-ba9b-b18ebf5c3b92 | chars 43568-43898 | segment 43

Yeah, year over year, I would tell you our incentives are down, actually fairly meaningfully. Quarter over quarter, they were just modestly up. They do, you're exactly right, Michael, they do travel with interest rates. We're not chasing the lowest rate. When we look at the average rate, I mean, we've been Marketing generally about 549 for conventional buyers. Our FHA buyers, we might have had some 499. We might have had some five and a quarter. That cost moved quarter to quarter. But, you know, it was about a third of our buyers, as I said, but most of those were at least half of those were our first time buyers. So when I look forward, you know, obviously it's so dependent on what happens to rates. But when I look at the overall portfolio, I actually don't expect a significant move. If rates drop, I would expect that number to drop fairly meaningfully. But I actually think given where rates are today with what we saw in first quarter, we should be in a generally good position.

Apr 30, 2024 / receipt, needs a key / Cheryl, CEO | earnings call 2024-04-30 | transcript fadf3b9c-b9ea-4dba-a323-9598d446b761 | chars 28310-29303 | segment 28

filings

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