Homebuilder ETFs Trade Nervously Lower Ahead of Earnings News

Meritage Homes Corporation (MTH) is expected to deliver their second-quarter earnings numbers, but investors and exchange traded funds (ETFs) aren’t exuding positivity ahead of the news. Meritage is the 12th-largest homebuilder in the United States. If the numbers aren’t up to par, it’s just the latest in a long list of bad news for the housing industry. [...]