- Senate races are close in Southern states, poll shows
- Texas A&M kicks off FAA-backed drone tests for business ventures
- Bad loser: ‘Call of Duty’ gamer calls in SWAT team on teen who won
- Sen. Rand Paul: Limited Washington experience isn’t always bad
- Ben Sasse scores Sen. Ted Cruz’s endorsement for Nebraska Senate primary
- Beer-flavored lollipops make debut: ‘An All-American slam-dunk’
- Gabby Giffords’ gun control push gets high-profile speaker: Bill Clinton
- Tony Blair to warn West: Take sides against radical Islam
- Pfc. Bradley Manning’s name change to Chelsea heads to court
- NYPD’s attempt at positive Twitter outreach campaign proves to be an epic fail
Feds who send arms against ranch families betray American values
Topic - Scott Minerd
"The housing market is already feeling the impact of higher mortgage rates and by August the full effect those rates have on housing affordability will begin to show up in economic data," said Scott Minerd, managing partner at Guggenheim Partners. "Given the increasing importance of housing to the overall economic recovery, a drag on housing activity will undoubtedly hold back growth."
Mr. Minerd said the best hope for the economy is that interest rates will retrace some of their sharp gains as housing activity cools later this year, limiting the damage to the housing market and overall economy.