Housing affordability is stretched so thin that D.R. Horton is leaning even harder on 3.99% mortgage rate buydowns

Housing affordability is stretched so thin that D.R. Horton is leaning even harder on 3.99% mortgage rate buydowns

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. D.R. Horton, America’s largest homebuilder, is doubling down on mortgage rate buydowns in order to keep its sales volumes up amid an affordability-strained housing market. On its October 28 earnings call, the builder said 73% of its homebuyers in fiscal Q4 2025 received a mortgage rate buydown—up slightly from 72% in the previous q…