Interest Rates Going Up - Any concerns?

[Kathy Fettke]

We know interest rates will climb this year, and continue to do so steadily over the coming years. How do you think this will affect your business and the housing market in general? Personally, I think it will affect the high priced markets more (CA) than the affordable areas (Midwest and South).

[J Scott]

Why do you believe that interest rates will climb this year?

I'd say it's more likely that they're kept artificially low through the 2016 election season...