MTH, DHI, CCS: How The Weakening Housing Market Is Impacting Homebuilders

<p>Builder traffic has plummeted, and purchase mortgage applications are in a nosedive, says Brad Hunter. He and Jay McCanless discuss the outlook for homebuilder stocks. They talk about how the weakening housing market is impacting homebuilders. They also go over headwinds impacting homebuilders, highlighting Meritage Homes (MTH), D.R. Horton (DHI), and Century Communities (CCS). Finally, they note how the Fed is impacting the housing market. Tune in to find out more about the stock market today. </p>