Home builders feeling good
March 21, 2005,
WASHINGTON — Even though mortgage rates are ticking up slightly, home builders remain bullish about the outlook for home sales, and a gauge of their confidence remained unchanged in March from an upwardly revised February reading.
The average interest rate on long-term mortgages rose about 25 basis points, or one fourth of a percentage point, between the February and March surveys.
Related Content By Author
Vegas Performing with PureCare's Lonnie Scheps