New home sales in the U.S. dropped last month as mortgage rates have soared.
According to the U.S. Census Bureau, new home sales fell 5.6% in October, more than expected.
Read MoreNew home sales in the U.S. dropped last month as mortgage rates have soared.
According to the U.S. Census Bureau, new home sales fell 5.6% in October, more than expected.
Read MoreNewly released federal data show the economy created more jobs than expected but unemployment rose in October.
The U.S. Bureau of Labor Statistics released the data, which showed the economy added 261,000 jobs in October, higher than the Dow Jones estimate of 205,000 new jobs.
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