News Sections
Housing Market On-Edge Over Debt Ceiling Debate
Updated May 5, 2013 12:09 AM | Filed under: Network Indiana
 Print    Archive    RSS

(UNDATED) - The housing market nationwide is on-edge as negotiations over the debt ceiling continue.

Greg Cooper with Prudential Indiana says people seem to be confident that a deal will get done.

But, if it doesn't and the august 2nd deadline passes, cooper says prepare for interest rates to spike.

Cooper says it would also cause a trickle-down effect on housing numbers, with potential buyers staying out of the market because of the interest rates.

« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW

1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2018 Ad-Venture Media, Inc. All Rights Reserved. and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File