What will rise in interest rate mean for Philadelphia housing market?

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    Federal Reserve Chair Janet Yellen speaks during a news conference in Washington

    Federal Reserve Chair Janet Yellen speaks during a news conference in Washington

    Wednesday’s news from the Federal Reserve about interest rates signals the institution’s slowly rising confidence in the economy. 

    But is that confidence shared by homeowners and consumers in the Philadelphia area? 

    For answers, NewsWorks Tonight host Dave Heller turns to Kevin Gillen, chief economist for Meyers Research and senior fellow at Drexel University.

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