42% of mortgage refinance applications rejected; NAHB index falls to 39, marking worst Q1 decline since 2014.

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Sources:

https://x.com/Barchart/status/1901831132510814490

https://www.floordaily.net/flooring-news/builder-confidence-declined-3-points-to-39-in-march-

https://invezz.com/news/2025/03/17/us-homebuilder-sentiment-plunges-to-7-month-low-in-march/

https://www.aol.com/finance/builder-confidence-drops-march-lowest-140039924.html

https://nationalmortgageprofessional.com/news/mortgage-application-rejections-hit-decade-high

https://x.com/WallSTQuon/status/1901837472960516510