Fall in Home Loans Pushing Fed Away From Taper in Mortgage Bonds

Fall in Home Loans Pushing Fed Away From Taper in Mortgage Bonds

Patrick T. Fallon/Bloomberg

Still, homebuilder confidence held in September at the highest level in almost eight years. The National Association of Home Builders/Wells Fargo confidence index registered 58 this month, matching August’s revised reading as the strongest since November 2005, according to a report yesterday from the Washington-based group.