Page 10 - Rate Environment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You can see in the big picture, all 30 of the dow industrials are in the negative on the session. >> let me make a point here that is important. you would expect banks in a rising rate environment of higher inflation to do well. because that's good news for their bottom lines. you're not seeing that today. that's really interesting that companies like goldman sachs, j.p. morgan chase, all of the citi group, the big banks now struggling here. you can see visa down. all of these companies struggling now as we start to contemplate what is a world with inflation. we don't know. let me tell you, th...

We're going to likely see some selling abroad. when i asked about tomorrow, they said likely to see selling in the morning. at that point did it feel like capitulation? we had heavier volume. we sold off 1,100 points last week. another 1,100 points today. if you loved them where they were, you were looking for a place to get in, you get in. ultimately there's the nervousness when we cross the 1,000 point mark. it was so fast. 3:11, 1,600. it was fast and furious. they picked them back up. that's the big picture. you still have the rising rate environment. it's been a great economy. we've had r...

Going forward. higher mortgage rates. will that slow the market at all and not a lot of supply. people can't get in to housing. wells fargo. the fake account scandal revealed six months ago. the bank is struggling to win back customers. credit card applications plunged 55%. customers opened 43% fewer checking accounts. the head of community banking summing it up like this. we have more work to do. wells fargo stock dropped on the news, but look at this. this is the past six months. it has done well since the news broke last september and people lost jobs. stock up 25% over the past six months ...

Half a percent. there is simply no return on investments in the low rate environment. if you want to knockout our holiday shopping amazon is selling 6 packs of the tablet called the fire. it is meant for reading books and watching movies. if you buy five of them they will throw in a sixth fire for free. if you are flying united you may never have to worry about a weather delay again. they want the planes to be more round trip. it means there will be less crisscrossing the country. the planes will be close to maintenance as well as supply centers. check out this burger. it's a mix of five popul...

Dramatically, very quickly. >> reporter: ironically, an improving economy is to blame. >> unemployment is down. the stock market is doing well. median house prices are up. people are feeling better, out there buying again so the economy does well, you will see a rising rate environment. >> reporter: you will see it in your monthly payment at 3.5% on a $250,000 home with 20% down, $898. same 30-year fixed mortgage over $1,000 at 4.5%, $115 more a month or more than $1,300 a year. down payment, credit score and income determine the rate you will pay. >> borrowers with the best rate putting 20% t...