US housing rebound likely to handle spike in rates

Associated Press
US housing rebound likely to handle spike in rates

In this Monday, Sept. 30, 2013, photo, Jeff Tyni, of Yorba Linda, Calif., poses for a photo, in Irvine, Calif. Tyni is shopping for a home in Orange County, Calif., but if mortgage rates go above 5 percent, he may have to continue renting. (AP Photo/Chris Carlson)

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