Detailed text transcripts for TV channel - MSNBC - 20181011:19:10:00
Relationships. rates go up, prices go down. we have seen that interest rates would go up. we had unnaturally low interest rates as you said. when they get to what jay powell at the fed says are natural level, which they presume to be 3%, so 3% would probably mean about a 6% mortgage rate on a 30 year fixed loan. >> another three hikes from the fed from here. >> that's not crazy. we lived in lives, people lived happy, prosperous lives at 6%. >> but you're coming off zero. we have seen them up in past cycles going back some 30 years, but we're coming off different levels. whennal a when alan gre...
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