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Builder Stocks Are Up. Lower Mortgage Rates May Be on the Horizon.

Builder Stocks Are Up. Lower Mortgage Rates May Be on the Horizon.

April’s rise in mortgage rates dulled housing market enthusiasm. Things are looking up, particularly for investors in home builder stocks. Investors fled last month, with shares of traditional home builders included in the iShares U.S. Home Construction ETF dropping an average 12% by the month’s end.