Homebuilders Still Need Lower Mortgage Rates

HousingWire, Jan. 27, 2023–Logan Mohtashami
What is happening with homebuilders and the new home sales sector as we head into the spring housing market? We have had some conflicting data points recently. On the one hand, cancelation rates have been rising. On the other hand, mortgage rates have gone down more than 1% since October.
https://www.housingwire.com/articles/homebuilders-still-need-lower-mortgage-rates/