for the european banks. shepard: the bank of america, ask how it is going? is there any good news? gerri: yes. mortgage rates. all time lows. this is fantastic. refinance, buy, 30 year fixed rate 4.15 percent. never see this. 15 year, 3.36 percent. buy if you are in the 30 year and you don t like the temperatures or the rate. shepard: that is great. gerri willis from the business time will watch the markets for the hour if there are large developments we will focus on it. catch the willis report this afternoon at 5:00 eastern and 4:00 in oxford on the fox business network the fastest growing business news on television. if you don t get the fox business network demand it. now we are off 500.
income is $1,800 a year. not big. it shows up in many ways, the economic problems. thank you. you can learn more of egypt s economic impact and all the day s hot stories on the willis report today and every day, weekdays, at 5:00 p.m. eastern on the fox business network, the fastest growing business news on television. if you don t get it demand it. the f.b.i. s joint terrorism task force briefing wall street banks on a terror plot. we should know officials say there is no specific threat. no specific threat. but al qaeda in the arabian peninsula warned of attacks against financial institutions through the magazine inexpire, and jonathan is here from new
more of her each day at 5:00 eastern on the business network, the fastest growing business news on television. if you don t get it . demand it! hole the fries and the salt and pass the fruits, vegetables and whole grapes. the department of agriculture releasing brand new guidelines for federally subsidized school lunches. officials say it is the first major overhaul in 15 long years. the guidelines set the calorie limit for some meals and set the limits on salt and fats. they also require the schools serve more fruits, vegetables and whole grains. and milk must be either low fat or no fat after president obama signed the healthy hunger free kids act of 2010. the wild attempt at robbery caught on surveillance video in florida. take a look. cops say two men dressed as women, tried to walk out of the store with a purse full of stolen power tool batteries.
fastest growing business news on television, if you don t get the fox business network, demand it. governor arnold schwarzenegger dropping a bombshell during the last day as the governor of california. he reduces the sentence of former political ally s son by more than half. rehe duesed the sentence of a former political ally s son by half. and the victim s family? they are livid. he pleaded guilty to voluntary manslaughter. he and his friends were drunk and upset they could not get into a fraternity party and they attacked a group of men and killed one of them. after that, the court ruled they drove 500 miles, burned the clothes and threw their knives into a river, and prosecutors say the man told his friends don t worry, his former, the former assembly speaker would soviet them off the hook. and now all these years later, that s essentially what the
percent homeownership, and it was upside of 70 percent before all this mess happened. and now if you take away the underwater borrowers, the effective homeownership rate is 56.6 percent and we have not seen that in decades. shepard: end ahead? no yet. interestingly, people say that the end of being underwater in the mortgage could be three to five years away. some day. some day. shepard: hang tight. you can watch gerri tonight at 5:00 eastern, 4:00 in oxford on the fox business network, the willis report on fbn, the fastest growing business news on television, and if you don t get it demand it. speaking of wall street, bloomburg is reporting that walking s biggest bangs are on the way to the second highest profit ever. second only to the profits made last year!