LGI Homes CEO Expects Housing Demand to Remain Strong Even as Mortgage Rates Tick Up

LGI Homes continues to see strong demand even as mortgage rates have moved higher, according to Chairman and CEO Eric Lipar. "I think in historical perspective, rates are still very low," Liper told CNBC Friday. The upward trend in mortgages rates may also motivate prospective buyers, added Lipar. LGI Homes...