Home Deport reported sales growth that missed Wall Street's forecasts. The company specifically cited a 'slow start' to spring as a problem. Bad weather did hurt sales. But rising mortgage rates might be a bigger problem going forward.
The new tax law has created a lot of confusion over whether tax filers may still deduct the interest they pay on home equity loans and lines of credit. The IRS says that you can, but only if the money is used to improve your home.