look back at the all low on n. record it was 3.31%. we are doing very very good. you know what this means, with low rates if you refinance, can you put that money to work somewhere else. can you save it and spend it it's better for consumers, better for the academy. >> gerri willis, thank you. >> you're most welcome. >> shepard: a fox weather alert now and stormy winter warnings in effect now for much of the western united states. first alert forecasters warning folks in the northern plains and parts of the southwest to brace for possible blizzard conditions. they say temperatures will start dropping tonight and more than a foot of snow could fall in some areas. meantime, down south, a tornado tore through a small town in louisiana this morning. it damaged some homes but so far no word of anybody hurt. just a couple hours ago louisiana governor bobby jindal declared a state of emergency because of severe flooding across his state. our chief meteorologist rick reichmuth in the extreme weather center. lots going on tonight, rick. >> lots going on. step out across the south and west, shep. it's a rely potent and cold