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StockNews.com
StockNews.com
Business
Sweta Vijayan

Which Home Improvement Stock Is the Better Buy — TTSH or FND?

TTSH FND Housing Market Home Improvement Goods

High inflation and the Fed’s interest rate hikes to fight it have cooled off the housing market significantly this year. However, the 30-year fixed mortgage rate has declined unexpectedly over the past week from June’s peak level of 6.28% to 5.05% yesterday.

This brings significant relief to homebuyers. The decline in mortgage rates and rising interest in DIY home improvement activities should help home improvement companies Tile Shop Holdings, Inc. (TTSH) and Floor & Decor Holdings, Inc. (FND) to stay afloat amid the volatile market conditions.

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