Detailed text transcripts for TV channel - FOXNEWS - 20111006:16:25:00
Of their job, it helps them refinance. that's not the crux of the housing crisis. what we have is a situation where there aren't a lot of people who will make the move into housing and who can drive new demand, but that is, ultimately, a function of the job market. if we aren't focused on generating jobs in this economy, low mortgage rates mean very, very little for outcomes for housing. jenna: i was just going to ask you a little bit more about a broader view of if low rates won't encourage a review, what will? you're saying it comes down to jobs which is what we heard the president talk abou...
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