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What rising mortgage rates mean for you

July 2, 2013 at 11:23 AM ET

Video: Mortgage rates have risen more than a half a point in a week to the highest level in two years. So what does this mean if you’re in the market to buy or sell? CNBC real estate correspondent Diana Olick and realtor Mike Aubrey of HGTV’s “Power Broker” have the scoop.