Homebuilders are not getting a bump from lower mortgage rates

Posted from: https://www.cnbc.com/2018/12/13/homebuilders-are-not-getting-a-bump-from-lower-mortgage-rates.html

Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. …