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Advantage of borrowing that money, and interest rates charged, that interest rate less operating costs is then paid back to savers as a reward for providing those deposits. so it is not quite a like for like comparison as you would describe. it is more about, as i say, balancing the amount charged to borrowers versus the amount to reward savers, very conscious that most of us are facing cost of living pressures. does it sound reasonable to you that the average rate for a two year mortgage deal is at 6.47% but the average easy access savings rate is at 2.45%? there is a difference of 4.02 perce...

Upstairs. i miss it. >> steve: i bet you do. i have known you longer than any other person in this building because as the book details, you started out and grew up in the suburbs of washington, d.c. >> spring maryland. >> steve: you and i worked together channel 5 in washington, d.c. >> that was a great start for me and i detail in the chapters how i grew up in what a mess i was when i was a teenager, young adult. i had to get myself together. it took a few years to figure things out. >> steve: you were doing drywall for a while. >> and sheet rock. >> steve: how did you do drywall to the big ...

Price relief to improved inventory. "the times" reports that netflix has unveiled plans for a production facility in the great state of new jersey. the $900 million facility would serve as the streaming giant's center of east coast operations. during construction, the project is expected to generate up to 3,500 jobs and "the press & dylan sunderland bulletin" says new yorkers will see a hike in their wages earlier next year. they'll start making at least $14.02 an hour in addition, all fast food workers in the state will make $15. coming up, brutal winter weather has caused flight cancellati...

Workout called merf. after michael murphy a medal of honor recipient and a seal. a tough workout. a lot of people across the nation do that. i go to visit my guys here in the cemetery in san diego, california. will: we know of your instagram feed, jocko, doing at murph, 4:081, 4.02, somewhere in that range. >> we get it done. sufficient ear little bit. won't forget the sacrifice. will: won't call it early, jocko. a little later in the day for you. thanks for getting up this morning. >> thanks, y'all. will: turning to a few additional headlines. seven people are presumed dead after a small plan...

Rates by .25 yesterday. it is now at a range of .50% to .75%. you can expect three rate hikes next year. despite the growth in the third quarter of the year, the fed sees gdp increasing at 2.1% rate next year. that is half of the 4% growth donald trump promised. he said it could be higher than that. so let's talk about the rate hike and what it means for you. mortgage rates are rising. overnight the national average for a 30-year fixed jumped to 4.27%. that will move higher. for some a month ago, it was 4.02%. earlier this year, it plunged to near historic lows to 3.34%. expect rates on home e...