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Fox Report With Jon Scott

carpeting, lamps, refrigerators and all that kind of thing. with interest rates of that high people are not buying houses these days the prospect of mortal rates cuts from the federal reserve they were supposed to be three more this year, right? >> let's a very unlikely at this point. look at the mortgage rate adjustment back over 7%. again to go back under trump we were at 3% mortgage rate. what you are seeing now is the average payment on the 30 year mortgage if you buy a new house right now 50, 60, 80% higher than what you had to pay three or four years ago. this is a double killer of higher inflation and higher interest rates that are making everything more expensive. at the same time how are people dealing with this the running of credit cards we have a record credit card debt. sorry, it's not a pretty picture right now. >> for the average family you say it is about $2500 the

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Ibiza Rocks parties on with JBL Professional

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Disguise brings immersive innovation to NAB

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RDL unveils network mixing processor

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Brompton strengthens technical sales team

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RCM's Unreal Engine drives James Arthur

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CAST partners with Visual Endeavors in California

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Patrick Woodroffe Lights The Stars in Lisbon

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DiGiCo updates SD and Quantum software

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SP by Stage Precision tracks Super Bowl

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