TODAY'S TOP STORIES

U.S. Homebuilder Confidence Unexpectedly Deteriorates Amid High Mortgage Rates

Homebuilder confidence in the U.S. has unexpectedly deteriorated in the month of September, according to a report released by the National Association of Home Builders on Monday.

The report said the NAHB/Wells Fargo Housing Market Index slumped to 45 in September after tumbling to 50 in August. Economists had expected the index to come in unchanged.

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by RTTNews Staff Writer

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