Mortgage rates below 6% will drive increased homebuilder activity, says Jefferies' Phillip Ng
Phillip Ng, Jefferies senior building products analyst, joins 'Squawk on the Street' to discuss the risk-reward setup for homebuilding-adjacent companies, if lower rates are fully priced into the stocks Ng covers, and much more.
Phillip Ng, Jefferies senior building products analyst, joins 'Squawk on the Street' to discuss the risk-reward setup for homebuilding-adjacent companies, if lower rates are fully priced into the stocks Ng covers, and much more.
