NEW YORK, Sept. 18 -- The U.S. dollar lost in late trading on Monday, as mortgage rates remained elevated above 7 percent and builder confidence decreased in September. The dollar index, which measures the greenback against six major peers, was down 0.11 percent to 105.2014 in late trading. According to the National Association of Home Builders/Wells Fargo Housing Market Index released on Monday, builder sentiment fell below the break-even measure of 50 to 45 for the first time in five months. "The two-month decline in builder sentiment coincides with when mortgage rates jumped above 7 percent and significantly eroded buyer purchasing power," said NAHB Chairman Alicia Huey.

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