Rising yields are sending mortgage rates sharply higher and damaging the housing market.
30-year mortgage rates hit 7.12%, the highest since 2024. KB Home, Rocket and the ITB homebuilder ETF slip, giving back part of Tuesday's rally.
Detailed price information for Rocket Companies Cl A (RKT-N) from The Globe and Mail including charting and trades.
Detailed price information for Bank of America Corp (BAC-N) from The Globe and Mail including charting and trades.
Jamie Dimon's $750 billion housing commitment puts homebuilder ETFs. Here's how these funds could benefit from a U.S. housing recovery.
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