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Home builders to weather rising rates?

Fri 09 Aug 13 | 01:19 PM ET
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Home builders to weather rising rates?

Fri 09 Aug 13 | 01:19 PM ET
Mortgage applications to buy a newly built home actually jumped 14 percent in July, reports CNBC's Diana Olick. If rates are higher, and customers can't pay as much, home builders can build their home exactly how they want.

Topics:

Housing  | Consumers Homebuilders

Sectors:

 | Real Estate
 
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