mid-cap homebuilder sensitivity

Mortgage Rates Are Heading Higher. Here's What It Means for Homebuilder Stocks. — Photo by jesus esteban on Pexels

5 Mortgage Rates Increases That Cripple Homebuilder Stocks

A 75-basis-point increase in mortgage rates since June has already slashed homebuilder stocks, dropping the S&P Homebuilder Index 4.3% and setting the tone for the next earnings cycle. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial