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Investing Specialists

What Impact Are Higher Rates Having on Housing?

Weak November housing data implies that higher rates may be a headwind for 2017 housing growth.

This week, there really wasn't much to write about in terms of economic news. Through Thursday, most markets were little changed, with the U.S. doing the worst, Europe about flat, and some healthy gains in emerging markets. Bond rates were down a little, driving bond prices up.