Detailed text transcripts for TV channel - FOXNEWS - 20130510:10:18:00
Interest rates for 100 years and eventually the rates will have to go up and when they go up it will be by modest amounts and it will take the rate by 3.5 or even 6%. at that point interest prices will have to go up a third or they'll have to loosen underwriting again. >>steve: that's the problem. also one of the components is the fact that -- and this is what grabs the headlines -- home prices are going up. and people go i feel a little richer. the reason for that is the inventory is shrinking. home prices up close to a little over 9% in the last year. but here's one of the problems, and this...
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