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Looming Interest Rate Hike Spurs Higher House Prices

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Looming Interest Rate Hike Spurs Higher House Prices

Economy

Looming Interest Rate Hike Spurs Higher House Prices

Looming Interest Rate Hike Spurs Higher House Prices

  • Download
  • <iframe src="https://www.npr.org/player/embed/3046039/3046040" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

With the Federal Reserve expected to start the first of several interest-rate hikes Wednesday, the housing market is already preparing for the impact. As the era of historically cheap mortgages closes, the prospect of higher interest rates is creating a sense of urgency among would-be buyers. Hear NPR's Jack Speer.

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