Rising Rates Could Actually Help Homebuilder ETFs

The SPDR S&P Homebuilders ETF (NYSEArca: XHB) and the iShares U.S. Home Construction ETF (NYSEArca: ITB) are down 12.1% and 10%, respectively, this year. Persistent weakness in homebuilders stocks and ETFs despite the fact that 30-year mortgage rates have been in a steady downtrend since the...