11/24/2015 – When interest rates go up, what’s that do to housing? (NPR Marketplace)

The S&P/Case-Shiller index of home prices out Tuesday is expected to show continued increases, and a looming interest rate increase from the Federal Reserve raises the question of whether there might be a cool down in the market sometime soon. But economists say the Fed’s rate hike is not expected to be like a lightning bolt, jolting the housing market. “The Fed is tightening but it’s not doing so in a rushed manner, it’s not doing so in a rapid manner,” said Gregory Daco, chief U.S. economist at Oxford Economics.

Read the full article in NPR’s Marketplace.