Rising Mortgage Rates Could Stifle Homebuilder ETFs’ Rally
February 19, 2015 at 10:00 AM EST
While homebuilder exchange traded funds have been rallying on a wave of new home buyers, the housing market and construction sector could begin to cool with mortgage rates spiking back up. Over the past three months, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) increased 14.0% and the iShares...