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Tighten the standards. also the government came in forced them to tighten their standards. as a result of tightening standards they're giving out better loans and fewer foreclosures and fewer cases of people going bad on their loans. jenna: you mentioned 2005, seems like a lifetime ago. >> it does. jenna: we got news again, today, mortgage rates again at record low. i think 3.79%. >> right. jenna: for a 30-year. these are incredible numbers. do you expect to see them drop even further? and will those lower rates help in this market somehow some way? >> well, you know there is never a free lunc...

The florida board of education just lowered the passing grade for the state's standardized writing test. that's after too many students were failing the exam. now the education commissioner blames all those flunking grades on changes in the test and says florida students did not become bad writers just overnight. and more proof this morning that if it sounds too good to be true it probably is. drivers flocked to a central wisconsin bp station when word spread about gas selling for just 35 -- rather, 37 cents a gallon. it turned out to be one big mistake. the gas was supposed to cost $3.79, b...

Why is this and how low might they go? >> well, we're seeing this for several reasons. the first is that we're seeing more supply in the marketplace right now. we're also seeing although the tensions in the middle east haven't sub sided, the fervor has sub sided somewhat. all contributing to lower gas prices. we've seen the numbers drop for the last five weeks. the projections from the government is that gas will cost about $3.79 per gallon on average nationally, 16 cents lower than they were originally projecting. i think this number will stay there. if we see spike, it will be because of hur...

Spent per consumer up from $140 last year. so mothers will feel the love this year. >> that's good. how about gas prices, five straight weeks of falling prices, how low do you think that they will go? >> the government is projecting that those numbers, that the number on average this year or for the next six months will be $3.79. that is 16 cents lower than originally projected. i think the number will probably stay there this year depending on the spikes, hurricane season, if tensions in the middle east, which have not subsided, but the furveer sub sigh ferver has subsided. despite consumer c...

The e.i.a. has slashed their forecast for average gas prices during the summer driving period from april to september. instead of the $3.95 gallon per estimate, it expects prices to average $3.79 during the period. as it happens, the new forecast is exactly the same price the eia said motorists were paying on money. it also said it cut the sum forecast because crude oil prices have fallen and they continue to decline today. >> let me ask you about this sign, another sign of the auto industry coming back. ford is going to boost production? >> reporter: yeah, rising car and truck sales have prom...