Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.
The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.
Inflation, climate change and other factors have combined to push up premiums for homeowners insurance -- with broad implications for consumers and the economy.
Mortgage rates rose to the highest level in 9 months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.