Homebuilder Confidence Falls to 14-Year Low as Mortgage Rates Climb

U.S. homebuilder confidence fell more than expected in October to its lowest level in 14 years, as higher mortgage rates deterred buyers and builders increasingly cut prices to make sales. The National Association of Home Builders/Wells Fargo Housing Market Index The post Homebuilder Confidence Falls to 14-Year Low as Mortgage Rates Climb appeared first on Breitbart.

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