November 2, 2024

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Top rated Homebuilders and Home Construction stocks amid sector rise (NYSEARCA:XHB)

Top rated Homebuilders and Home Construction stocks amid sector rise (NYSEARCA:XHB)

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Homebuilder stocks (NYSEARCA:XHB) have performed formidably even when housing market news have been unfavorable.

Mortgage rates have continued to rise, although the Federal Reserve has started cutting interest rates.

The 30-year fixed-rate mortgage is averaging 6.54% as of Oct. 24. That is up