Household Creation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Household creation? they are even making it easier to borrow money. you can now put 3% down. leah: the investors have been watching interest rates being kept near zero for quite some time. what are we expecting? >> we expect the interest rates to go up incredibly slowly. even if inflation is as weak as it is right now the fed will start to raise interest rates. but it will be microscopic. if you have got a down payment you will have a good mortgage even in 2015. you have got to live somewhere, why not pay yourself as opposed to a landlord. leah: i have heard the russian ruble is bad for the ec...

One. it is more than credit card debt, more than auto loan debt. >> what that means for the economy and why we focus and repositioning america, we have to focus on the young people because they will buy a house later. they may be less likely to get a mortgage. they're going to buy a car later. they'll have household creation. they may get married later. the millennials could change the pattern of the american economy because of these factors. >> the first thing, the most danger thing think that may happen is they may not get a job. if you look to what happened in a place like europe, cyclical ...

i'll be back at the top of the hour with more live news. now i need to hand it over to your bottom line. the housing market has changed. so have you. what you need to know if you own a home, want to buy one or rent. plus is it ever okay to walk away from that mortgage even if you can afford to pay? let's start with the american dream of owning a home. you're a buyer it's a dream market but only if you can get the loan. with the end of the nation's largest mortgage lenders denying 27% of loan applications last year, that's up from 23.5% in 2009. this is according to "wall street j...