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Housing Industry

Only Available in Archive Formats.
Housing Industry

Housing Industry

Housing Industry

Only Available in Archive Formats.

NPR's Elaine Korry reports on the housing industry's reaction to yesterday's announcement that the Federal Reserve is raising interest rates by a quarter-point. The decision will push mortgage rates higher and make it harder for first-time home buyers. But industry insiders don't seem overly concerned because demand for housing is so strong and the supply is unable to keep pace.