Builders' Confidence Slips Again, Despite Low Mortgage Rates

HousingWire
homebuilder confidence
homebuilder confidence

Homebuilder optimism remains limited, despite historically low mortgage interest rates as demand just isn't there, according to the latest National Association of Home Builders index.

The NAHB and Wells Fargo (WFC: 24.25 -2.81%) survey builders to gauge perceptions of the new, single-family home market for the next six months. A score higher than 50 indicates more builders view the market as good than poor.