A top homebuilder executive breaks down the secrets to getting a 4.8% mortgage in an era of 8% rates

Rising interest rates have slammed the breaks on America’s housing market, with home sales down 15.4% year-over-year in September, according to the National Association of Realtors.

But one segment of the housing market is still humming along, with annual sales actually up 33.9% from last September, according to the Census Bureau. Newly built homes now make up nearly one-third of all homes listed, a record high, according to the National Association of Realtors.