Detailed text transcripts for TV channel - CNN - 20161128:13:50:00
Money? if you have a $250,000 loan right you just take it out 3.5% your monthny payment is going to be about $1123 a month. flash forward two weeks to the rates today 4.25% roughly. you're talking about more than $100 a month, $38,000 on the length of a loan. it's real money. so this means the cost to borrow money to buy a home and also some car loans we're starting to see as well s&l more expensive and that's because investors around the world think that donald trump is going to spend a lot of money in tax cuts and infrastructure and that's going to increase borrowing and when you increase bo...
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