US homebuilder confidence, sales outlook slip in January

By: Alex Veiga Associated Press January 18, 2017

U.S. homebuilders are feeling slightly less confident this month about their sales prospects, a pullback from December when builders' confidence reached the highest level in 11 years. The decline in builder confidence comes amid heightened concerns about mortgage rates, which have been mostly rising since early November. Higher mortgage rates make home loans more expensive, which ...

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US homebuilder confidence, sales outlook slip in January

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