A big change could be about to come to the housing market
Dec 26, 2015, 19:14 IST
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The potential ramifications for the policy move are far-reaching and span various American industries, from automakers to homebuilders to investment banks. But, those impacts may be disparate.
Typically, rising interest rates make for a more difficult borrowing environment. That has the potential to slow homes sales - which impacts US banks - as well as new starts - which will hurt homebuilders.
