Research
Mortgage Rates Hit 6.57% Seven-Month High: KBH, RKT Slide While WFC Holds Firm
Rising to 6.57%, mortgage rates pressure homebuilders KBH/TOL and lender RKT with falling orders/revenue, while banks like WFC gain NIM and REITs AVB/O hold via occupancy. Ranked picks favor WFC top, avoiding RKT bottom.