Page 3 - Rate Set News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Higher so they can cash in like never before. rich edson from the fox business network leads our news at the bottom of the hour. rich, what's going on here. >> banks write mortgages, sell them to investors, use different interest rates make a good deal. that business is becoming more profitable. one watchdog group says banks are simply using historically low rate set by the federal reserve to turn an easy profit. >> these interest rates are all set to maximize the income of the biggest banks and basically to move money from the pockets of the american people to the pockets of the biggest banks...

while the air force investigates the deadly crash of an eighth plane. one of these based in charlotte, north carolina. we expect to learn more in a news conference this afternoon. we know that four of the six crew members were killed, including this man, lieutenant colonel mike mckiel who spoke to one of our affiliates on saturday. lizzie o'leary with the latest out of washington. what's the latest? >> reporter: latest is that they are investigating the cause of this crash while the other c-130s are grounded, grounded by the air force right now, and that essentially really diminishes...

The rate set to double in just a matter of days. is congress any closer to a compromise on that one? and marriage equality back on the ballot in maine l this legislation on minority rights pass the state's majority the second time around? i will talk to the campaign manager for equality maine when we return. ♪ [ male announcer ] you're at the age where you don't get thrown by curveballs. ♪ this is the age of knowing how to get things done. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is heal...

Start with the policy, this is extraordinarily important. virtually every american will be impacted by this bill. that they expect to pass as soon as early next week. what republicans have changed, we want to start with the corporate rate set in the house and senate at 20%, moved up to 21%. why? $100 billion approximately of revenue there. they needed that to pay for a lot of other changes. mortgage interest rate deductions. senate left it untouched, the house took it to 500,000. they will meet in the middle, 750,000. the state and local tax deduction, this has been a huge issue for tie tax st...