Homebuilder sentiment drops as mortgage rates rise higher

Homebuilder sentiment drops as mortgage rates rise higher

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CNBC’s Diana Olick joins ‘The Exchange’ to discuss bond yields hurting home builder sentiment, homebuilders offering price cuts to entice potential buyers, and homebuilders trying to stay competitive by offering incentives like mortgage rate buydowns.

03:17

Tue, Oct 17 20232:27 PM EDT

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