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Benzinga
Benzinga
Business
Piero Cingari

UNCOVERED: Mortgage rates hit lowest since last october homebuilder stocks breaking out - Caught on Camera

Quiet,Residential,Street,In,Upscale,New,Development,Neighborhood,Row,Of

Mortgage rates just touched their lowest level since last October, fueling a wave of optimism across the housing market and sending homebuilder stocks surging as traders increasingly price in imminent Federal Reserve rate cuts.

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