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Reporter: high frequency economics says the fed, i mortgage-backed securities, lowering mortgage rates. more than two tenths of a percentage point yesterday on the news. that should show up in mortgage rates soon. lori: thank you so much, peter. we will keep an eye on that. melissa: are the red sox looking to sell the team? it doesn't mean it's not happening as we well know. charlie gasparino joins us with more. reporter: i think that qe-3 will bail out the boston red socks. she should point that out. i want to address something qe-1 didn't work. qe-2 densmore. we are pushing out a string .

To the future means in this case we are going back to the mess. maybe you argue gary, a bigger mess, explain. >> neil, my worry is we are getting all the numbers you are talking about 0% interest rates. with qe 1, qeii, massive deficit spending and massive stimulus spending and still in what i call the soup. you add this up and i worry, i think we talk about statistics, with the recession and 2/4 down, we are already recession-bound as housing is in a depression. in a recession. and you said it best this is where we sit. i don't know what is going to get us out at this point. >> neil: been arg...