What To Expect From Housing Stocks As Mortgage Rates Test 7%

What To Expect From Housing Stocks As Mortgage Rates Test 7%

Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has declined by about 12% over the last month (about 21 trading days), underperforming the S&P 500 which has shed about 9% over the same period.