Builders Face Tough Market Amid Rate Hikes | Business and Finance News

Homebuilder confidence hit a 15-month low as economic uncertainty and stubbornly high mortgage rates stall buyer momentum, forcing builders to slash prices and offer incentives—despite new bipartisan housing legislation aimed at boosting supply and affordability. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/40216363ba285258