U.S. homebuilders are feeling more confident about their businesses than they have since last summer, as they see better demand despite stubbornly high mortgage rates. Homebuilder sentiment rose 3 points in March to 51 on the National Association of Home Builders/Wells Fargo Housing Market Index. The reading gained for the fourth-straight month, hitting its highest level since July. Sentiment also moved into positive territory for the first time since July. Fifty is the line between positive and negative sentiment. Mortgage rates came down in the first week of March, only to shoot back up in the second week. The ... (full story)