The Home Builder Confidence Index rose to 41 in September, up from August's reading of 39. The latest print from the National Association of Home Builders (NAHB) came in line with expectations as mortgage rates continue to cool to 19-month lows.

Catalysts anchor Seana Smith breaks down the data and what interest rate cuts from the Federal Reserve could mean for the homebuilder category.

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This post was written by Luke Carberry Mogan.