New Home Sales Exploded In September, As Homebuilders Eat Soaring Mortgage Costs
New Home Sales Exploded In September, As Homebuilders Eat Soaring Mortgage Costs Some background color before the big number - The Mortgage Bankers Association's index of home-purchase applications tumbled 2.2% WoW to 127 - the lowest level since 1995 - as mortgage rates hit 8% for the first time…
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