iShares U.S. Home Construction ETF (BATS:ITB), State Street SPDR S&P Homebuilders ETF (ARCA:XHB)
Benzinga·2026-03-24 12:52
President Donald Trump's war with Iran is now rippling far beyond geopolitics and the global energy industry—and into the U.S. housing market.What started as a geopolitical flare-up is now hitting American homebuyers directly. Mortgage rates at 7% or higher have historically been seen as a meaningful blow to affordability for the average homebuyer.“With rates this high, affordability will take another hit,” Jim Osman, founder of specialist investment research firm The Edge Group, wrote in an X.com post, res ...