Rising Mortgage Rates, Inflation Could Impede Homebuilder ETFs
April 25, 2022 at 17:12 PM EDT
Homebuilder sector-related exchange traded funds could come under pressure as rising mortgage rates and inflation reduce demand for homes. Year-to-date, the iShares U.S. Home Construction ETF (NYSEArca: ITB) decreased 28.7%, SPDR S&P Homebuilders ETF (NYSEArca: XHB) declined 26.3%, Invesco...
