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YahooOctober 21, 2026 at 9:21 AM NY6 Days Ago

Home Sales Contracts Just Fell to a Record Low as Mortgage Rates Hit 7.4%

Pending home sales just cratered to a record low, yet homebuilder stocks surged the same day the data dropped. What traders are betting on reveals a split between what the housing market is showing and where some believe it is headed.

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