
News2 min read
Homebuilder confidence hits a 14-year low.
Builder confidence fell to 29 in October, its lowest level since 2012, as mortgage rates climbed above 7%.
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The Buddy Journal
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Builder confidence fell to 29 in October, its lowest level since 2012, as mortgage rates climbed above 7%.

Fewer homes went under contract in September than at any point since the index began in 2001. Affordability is the main reason.

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