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Help, will it help you. ed butowski joining me now. hi, ed. >> hi, jamie. you're in one of the worst housing markets down in texas. the question is whether or not it will help these homeowners looking at mortgages bigger than their home is worth. some had to move out. is this new plan from the president going to help folks out like that? >> any plan that can help lower the rate that people are paying right now will certainly help. so, you know, conceptually this is wonderful, because the average mortgage is 6.75%, almost 7%. based on the president's plan this could save about $3,000 a year for...

Twist," and now they are moving the numbers around and it doesn't matter how they move the numbers around, if the banks aren't loaning money, it doesn't help anyone and i will tell you, i have a daughter, she is a school beacher, and she teaches third grade. four years ago when she bought her throw story town home she put money down, she is quaffed at 6.75 percent and the banks nowry fuse to give her a lower interest rate saying she in longer qualifies for the same listen she got four years ago. but, we are trying to help these people. she has not miss add payment and making the payments less ...

Sports. he's only been around for one game, but carmelo anthony is helping the sniks win big time in more ways than one, not just on the court. according to nielsen, carmelo's debut drew big numbers for the knicks on their own msg network. wednesday's game posted a 6.75 rating, that's the highest audience for a new york game in years. the last time they had a bigger audience, michael jordan's 1995 return to the garden when he scored 55 on the knicks after coming out of retirement. now on to the national football league. it hasn't been a month since the super bowl ended, and jets coach rex ry...

Get into mississippi and alabama and the florida coastline as well, the end of this can't come soon enough. >> yeah. well, we're hoping and praying, along with everyone else. stand by, ed. lisa sylvester taking a look at bp stock. what's going on on that front now that the markets have closed? >> well, you know, wolf, investors have been looking at these pictures, the very dramatic pictures, and have been following the news as well. bp's stock, it had been hammered since the april 20th explosion. you know, at its low point this stock was trading at $26.75 a share. that was at the end of june, ...

Credit card rates are going to be affected by this. here's the big win, katy tur, all those people who have waited around for years because they're conservative investors and they don't want to be in this dow. they don't want their money in stocks. they're older, more conservative. now you can get a little money in a bank account. i got a mailer that said i could open a bank account with no minimum for 1.3%. that will be a bit of a win for people on a fxedincome or conservative. still not mo than inflation. you're still losing money in a bank account but a little better than before. we got wha...