FBC MONEY With Melissa Francis August 27, 2013
So we kick off tonight with housinand a new opinion on the impact of rapidly risg Interest Rates. Bank analyst dick bove says it makes no sense to think it was any effect on the Housing Market so why is lowering his rating on one of the major mortgage lenders just today . Joining me now is dick bove. Always such a pleasure to have you on the show, thank you for coming on. Thank you, melissa. Melissa why are you making this about Mortgage Rates . Why will it knocked the legs out from t housing recovery . Think about it. During the housing boom, the average Mortgage Rate was 6. 5 . If you take t...