Rick Sharga: Is this the end of the housing recovery?

Rick Sharga: Is this the end of the housing recovery?

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WATCH: Lennar CEO not worried about rising interest rates

June 6, 2013

Stuart Miller the CEO of homebuilder Lennar went on CNBC to attempt to dampen any concerns about rising mortgage rates.

No, it won't tank the homebuilder or the housing recovery.

No, it won't send homebuyers and investors alike running for the exits.

"The fact is, we're just getting to a normal trajectory," Miller says at 1:29, "and housing continues to find its rebound and gain strength."

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