Homebuilder PulteGroup (PHM) beat third quarter profit estimates as lower mortgage rates brought more home buyers into the market, boosting demand for new home construction. However, the stock is under pressure after the company spoke about buyer incentives and a shakiness in the housing market moving forward.

Catalysts Hosts Seana Smith and Madison Mills dig into the earnings report and discuss the potential headwinds that PulteGroup could face ahead.

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This post was written by Melanie Riehl