Gerri do you want a cheaper mortgage . Buy a bigger house. Mortgage rates falling below traditional mortgages. With one this we have the Vice President of analytics. Jed, welcome to the show. Normally if you have a jumbo loan, thats alone for 400 and 70,000 or more in some markets, you have to pay a higher rate than somebody who gets a conventional loan. So how unusual is this . Its very unusual. We have never seen a point where the rate has fallen below. There are a couple of reasons for this. First of all, the fees that are often tacked on to the conforming loans have gone out. To that has made them more expensive. And the concerns about tapering and what it means for investors. It has affected conforming loans more than other loans. Gerri a lot of technical reasons coming together. They dont necessarily packaged these loans and resell them. They are getting great yields. That is much higher than they are typically getting in the market place. Can this continue . I think the Bigger Picture is a jumbo loans are cheaper. The bigger point about Mortgage Rates whether its jumbo or conforming loans, it has bounced up. Gerri i think this is an important moment. That is why we put it at the top of the show. I think its interesting and could have a meaningful part of the news for this huge jumbo loan. Heres a question that a lot of people have. People do this all the time. So are they still doing this or are they finally fearing about getting these loans . This is why it matters. For saw this part of the overall slight expansion of credit that we have been seeing. Prices have risen there up 11 yearoveryear and they havent written what to do before. More people are being pushed into jumbo territory than they were a year ago. Its also the first time we could see government taking a smaller role in the Mortgage Market because people are more likely to get these jumbo loans than they were in the past. Gerri not because of any potential policies. It is more expensive than it was a few months ago. The one that is a big drawback. Can you hear me . I can hear you. Gerri oh, okay. So i think that is the big dog story here. Obviously conforming loans, whether conforming or a jumbo loan, you make a very good point about this fact. Gerri eight patients at a New Hampshire hospital may have been exposed to a rare and fatal brain disease. It happened because the same medical equipment was used on a patient who likely had the disease. The patient underwent the surgery at the Catholic Medical Center between may and august and that one is was rented from the minneapolisbased trento. We have a guest on our show that is going to tell us about this disease. I am not familiar with it. Just how lifethreatening if this disease . It is what is called a form of mad cow disease in the media. It is a disease that is based on an agent called a protein. It is unlike bacteria and viruses and unfortunately if you get at any start demonstrating symptoms of it, it is legal within a year. Gerri wow. This is a nonbelievable turn of events. The part that amazed me is the idea that this is common . Well, it can be. Whether its rented equipment or equipment that you have inhouse within your hospital. The problem with this agent, which is what caused this, it is very difficult to sterilize. Almost or location technique many times it hassto be thrown out or they will have to undergo rigorous sterilization techniques which can damage this gerri these bugs are so tiny that they cant get rid of them . Dont think of them as bacteria or viruses, the proteins that can cause this disease. The problem is that these proteins are highly resistant to temperature changesphysical cle. They require very aggressive treatment methodologies. So a lot of times we decide to throw them out better than we sterilize them. Gerri a recent study showing three out of every colonoscopies were not properly cleaned for tools and they have what people call bioterror. And how common is it that this kind of equipment never gets truly clean. Well, it goes through a sterilization process and they still may be watching those small holes. They are usually inconsequential for patients afterwards because it is sterile dirt. Where is this is really clean, dirt, if you would. Gerri that is almost too complicated for my mind to comprehend. But it is highly technical. We are talking about the particular diseases that these people may have contracted in hospitals. These symptoms could take years to show up . The pathology is so different. In fact, it behaves in a much different manner raid the disease is not very common. When it does occur, it can have an incubation. Of years and not demonstrate any symptoms. Patients cannot display symptoms that can be so hard to study the disease. Secondly, its very quickly to die from. Once you start demonstrating the pieces, the symptoms on average, you die within one year. Its a real challenge the. Gerri there is really no cure at this point. Should i stay away from the doctors and hospitals . Who would be recommending what we can do . Well, this is a low incidence of disease. Its not very frequent and all that it occurs. So i would not count on hysteria. But even if it does happen, theres less than 250 documented cases globally. So its not very common. Secondly in order to contracted in the hospital settings, you have to be exposed either to tissue that art has a disease, typically that is cornea transplants and those who may get the disease in a cornea transplant, and in patients who have neurosurgical surgeries that have misused during the surgery that was used on patients who already had the disease. Gerri should i be asking my doctor discovered an issue with that are being used for me . That probably will not be necessary. Its not really tied to the machine but the instrumentation that gets used. If asking your hero surgeons are those who are going to conduct surgical procedures on the nervous system, whether or not there is a system in place in a hospital to deal with patients with this disease we want that is a good point. Doctor, thank you for coming on and explain this to us. Thank you so much. Enqueue. Gerri coming up next, how to get the most out of your afternoon nap. And are you looking for love . Try saving some of that money you have been saving apparently you are more attractive if you save money if youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and conspation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Gerri thrifty is the new sexy according to a new study. They say that favors are attracted to more potential mates better savers than spenders. Matt, thank you for coming in. You agree with this . No, i do not. Where are these girls . Send them my way. Everyone that i know once a lot of cash dumped on their laps. He wants and im going to spend. I dont get this. Gerri i think women are really smart in dating and they look for people who know how to handle money. Its not just about the bubbles on the tory. It is in the beginning. Being on the fast track to not getting a second date, you know, saving is important. I dont believe that. A woman wants a hybrid. They want a guy thats going to whine and dine and know that he is financially viable and responsible. Gerri so you should be everything . Yes, you have to be everything. Gerri at some point be on that first date, can you be honest, it you start thinking about why partners, by the third day, if they would be good for marriage. Well, its very good thing about money because its important. In a woman, she wants to be taken care that she has to be. That is the other thing as well. A woman wants to take your selfish wants to be taking care of. You make it confusing for us. Gerri one of the problems is that people lie. They lie about the financial viability and how much money they are making and saving. What you think that people should do to understand what the real deal is . I think that they should always be honest and honest in stages. You dont want to say that im returning my credit and im trying to come back. You cant mislead a woman like that. They ultimately are going to find out so there is probably emotional attachment established in the dinner and have to be very honest. Gerri thats the problem that people have. It doesnt lead to honesty always in my view. We have had some really hard economic times. It is hard to keep your net worth rising. So how does that play into the polls . Well, i think that everyone is a little bit more forgiving. Everyone is in the same situation. So if you are not exhibiting this possibility and keep everything in an upward fashion, you are not someone that should be getting, but you should be focusing on yourself. People should have a certain credit score to be able to date. As a man, in new york and a lot of other states and cities committeewoman ultimately wants to be taken care of if she has to be. The one where did you come over this stuff . To realize our true that women are starting to make more money. And in many cases we are supporting the family. Gerri are you happy about that . I am happy and working. Gerri i want someone who is engaged in whatever it is they are doing. Well, not a lot of women are like you. They want to know the guys there. They want to know that youre there for them. The. Gerri you sound like you were born in 1944. On the matchmaker. Women are my clients and mentor my database. I know what women want and what men dont. Gerri good to have you here. Now, heres our question tonight. Our savers sexy or . Some people say no. Log onto gerriwillis. Com. I will share the result of the end of the show. Coming up later, we are looking out for you and your money with a new bond investment idea. We answer the question how do you do that. We will have an expert with advice coming up next. Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Gerri wake up, america. Too many of us are not napping the right way. Behind the perfect nap coming up next. The. Gerri youre probably one of the 41 million workers not getting enough sleep. And if you are sneaking in the catnaps the wrong way, youre going to end up staying up all night. So how do you take a nap . Way . Joining me now is our clinical psychologist, doctor michael bruce. The sleep doctors diet plan, lose weight through bittersweet. I like that idea. That makes tons of sense. Not sleeping really does make you gain weight. As people become more and sleep deprived, their homeland levels change. It is basically a recipe for weight gain. Gerri it is a recipe for going to the fridge in the middle of the night, thats for sure. So how long should you not . There are different theories on different mappings. It depends on what you wanted to do. If you want to get some energy, 10 to 15 minutes usually does the trick. But if you really want to do things like improve your working memory, a 60 minute nap can be quite helpful. And you can actually go for a full sleep cycle, which is between 80 and 100 minutes. I recommend a 90 minute now. The. Gerri i like that, 90 minutes, two hours. If you go too long, whats the problem . Theres a couple of different problems. If you try to take that 60 minute now, you could wake up out of deep sleep and when he started to feel worse. If you can time into approximately 90 minutes, thatll work well because you could wake up feeling very refreshed. Anything longer than that will bother your sleep at night. We know that the last time that he fell asleep affects how long it will take you to fall asleep the one that raises a good question. Should you avoid naps altogether and try to sleep all night long . The number one thing we want people to do is sleep in one out of sleep at night. But that doesnt work for everyone. Hours. Ople may need six hours, if you dont have the time to sleep and you find yourself getting tired, taking a quick cat nap can absolutely be an effective way of getting that boost and moving it forward. Gerri i just got back from a long trip in europe and im still a little bit jetlagged. Howd he do that . Have you fixed that . Well, its really about her physical body being in one place and your circadian rhythm or your biological clock being in another. It takes a lot of body approximately one day. But there is different as we can to speed that up. The first thing i do is tell my patients to get a lot of sunlight. That will help you to reset your biological clock. Gerri worked on the way over, but on the way back nothing is really doing it for me. Thank you for coming and. I feel ready to sleep. Thank you for having me the one coming up, a new type of bond fund. We will well have that and more coming up after the break no two people have the same financial goals. Pnc investments works with you to understand yours and helps plan for your retirement. Talk to a pnc investments Financial Advisor today. Shes always been able its just her way. Day. But your erectile dysfunction that could be a question of blood flow. Cialis tadalafil for daily use helps you be Ready Anytime the moments right. You can be more confident in your ability to be ready. And the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. Tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. Do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess with cialis. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, seek immediate medical help for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. The. Gerri a fox business work for you now. Jpmorgan chase is quitting the student loan business. The bank will no longer accept applications for private Student Loans starting on october 12. The bank says it doesnt want to compete with uncle sam anymore. It is focusing its resources on strengthening risk controls. This following last years decision to make education loans available. We will have a weeklong summer special to answer all your questions. Everything from picking the right college, how to do it, how to get all the right answers. We will help you at that. A users guide to education. I know that you are wondering about your bonds. 251 billiondollar total return fund deposits and withdrawals during our next guest says stay away from bonds altogether. Joining me now is an author of the new book, bonds are not forever. Welcome to the show. Thank you for having us. Gerri you are telling people to dump their bonds or not by me once . If you have a longterm bonds, i would sell those. If you have five years or less maturity, you might want consider those. Since 2008, it has a policy to keep rates below. Rates can be too low to compensate for taxes and inflation. Now the fed is pulling out that support. Of course, it is becoming very common to investments. Gerri we know the feds say theyre going to do. But the question is one. When they ease up on that gas pedal, will happen to the bond market . If you go on the feds website, they are open and they will tell you what to do. The equilibrium rate is 4 for shortterm interest rates. They tell you about it, but they dont tell you when youll get there. Did they tell you that the rates are lower now from when they need to be. So it ben if ben bernanke were sitting right here with you, example and by my money. [laughter] gerri they do keep saying the same thing over and over again. Are people going to get hurt in this . The most likely outcome is they will go up 20 or 30 basis points a year. So the white thing to think you need to do is to wait until the bond deals are high enough. Gerri we talk about the bond market, but its very complicated. Shortterm, longterm, corporate, junk, break it down for me. Is it everything you dislike or are there specific categories they say this could be a good deal . We start with treasuries that are clearly expensive and a bad investment. And some are similarly unattractive. You can find Equity Strategies to replace the things you can do the. Gerri what about muniz . Well, the transaction cost is high. The. Gerri you talk about this in your book. Which i think is really interesting. The sec on their website once you about the Municipal Bond market and how it is not transparent and that things are not always reported in a timely fashion. Its great for the dealers, but one or 2 markup is not uncommon in Municipal Bonds. Gerri does that mean that you like bond funds better . They are a better way to access the market market because you get the wholesale price any benefit from it. And the other ones you benefit from the big firm that run the fund and it will get much more competitive pricing. So we dont invest in this, but if an investor wants to own bonds, it can be the way to go. Gerri it is tough to buy. We talk about the importance of having bonds. And you say no. Thats right, because it is an extraordinary time. You can take could take the money that you have in highgrade bonds and spread it two thirds stocks, want their cash. That can give you the same return. Dividends go up and you are exposed to those for up to 50 years in the United States. My feeling is let them go. Gerri when you make the decision to put the switch . What would make you that . At a fair question. If you think that inflation is 2 and the fed has told you that 4 as part of the raid. I would price things at 4 . I think a 10 year treasuries 5 . The probably Corporate Bonds little bit about that. That is the point at which maybe they start to be attractively priced. Thinking, oh, maybe i will put some money back to this. Gerri one quick question. We were talking about super shortterm bonds. Well, its like cash. The. Gerri thank you for coming on the show. Well, coming up next, auto sales reaching record highs. Heres our top 10. The honda accord. Behind that is the sister vehicle, the honda civic. 39,000 are driven off the lot in just the last month. Number three is the chevy transborder. Number two is the toyota camry. Nearly 45,000 of these cars were bought just last month. And the number one quickest and selling card is the ford fseries. Thirtyeight seconds per sale with more than 71,000 sold in august alone. Their others on the west. The honda crv, the chevy ram pickup. They are all there. When we come back, we will tell you what to do to make this work when we come back [ male announcer ] staying warmnd dry has never been our priority. Our priority is, was and always will be serving you, the american people. So we improved Priority Mail flat rate to give you a more reliable way to ship. Now with tracking up to eleven scans, specified delivery dates, and free insurance up to 50 all for the same low rate. [oman ] we are the United States postal service. [ man ] we are the United States postal service. [ male announcer ] and our priority is you. Go to usps. Com® and try it today. Gerri it is time for a look at the stories that are cooking up on fox business. Com. Stocks hitting their third day in the green after positive reinforcement. Traders are awaiting tomorrows report for august. Many believe a strong report will guarantee the fed will taper the economic stimulus later this month. In the Service Sector expanding other quickest pace is the institute says the index was nearly 59 in august. Any reading above 50 indicates expansion. Jcpenney making headlines again today. The retailer reportedly dumping the Martha Stewart brand thing that sales have not lived up to expectations. Andy yahoo freshening since 1995. The new look is part of a makeover. The redesigned logo retained some familiar elements, including the color purple and exclamation point. Those are some of the hot stories on fox business. Com. Moving on to counterfeit prescription drugs. A honolulubased startup is introducing barcode which can be scanned to authenticate a product. Welcome to the show, great to see you. I realize that you are not an expert on this companies technology. Can you give us the broad picture on what its doing . What it is doing is adding a chemical identifier to drug and it allows the consumer or an investigator to identify and authenticate the drug i must say that its real, and also put something on the drug at the counterfeiter doesnt know that is there. To the idea for the idea to stop counterfeit drugs. Will that were . Unfortunately, no. It will not work. The problem is really human behavior. People and physicians and sometimes pharmacies will buy outside the legitimate channels of distribution. When people go on and buy from n canada, they are taking a big risk. That is not a situation for someone whos going to be checking the code on a pillow. Gerri i think youre making a good point. Taking a look at Online Pharmacies, there are many websites out there. 1500 may be legitimate. I think those numbers go to your point. You have to be very careful about where you go. How can you find out whether an Online Pharmacies save . Well, there are a limited number of pharmacies are safe. The National Association board of pharmacist has a designation that says that this is an Online Pharmacies that is legitimate. There are only about 30 pharmacies that have that accreditation. If you get your medicine from a mail order pharmacy run by your insurance company, it is safe. If you go online and you see a little picture of a canadian flag, dont buy. Gerri thank you for that piece of information. That is good stuff. Is it possible for you to get these drugs, these counterfeit drugs from your doctor . Very rarely does that happen. But occasionally it does. Last year one of the most widely anticancer used drugs, when the good doctors office, over 160 doctors offices bought from a distributor that wasnt allowed to sell the drug in this drug only let five Companies Sell this drug in physician offices. Yet these offices bought it from someone else. It turned out that products have come from egypt, turkey, switzerlswitzerl and, and london before made it to the United States. It didnt even have english writing on the package. So that was not legitimate. The fda sent them all letters. None of those doctors have gone to jail. Its very interesting and unnerving that nothing happens. Gerri you are sort of getting to this point. Who is making these illegal illegitimate drugs that can be filled with heaven knows what . They are made all over the place. Often they are made in asia and china and india. The majority of them dont end up in the United States. So what happens is the criminals will put them in the places that dont have the systems in securities that we have here. Any of the countries in africa, youll find as many as 30 to 40 of the drugs in that system, you stay within the legitimate channels and you are very unlikely to get back. Gerri thank you for bringing us uptodate on. You certainly told us what to say today. So to come, my two cents more and in an effort to save money, more companies are cutting back on perks. What is next on the chopping block . We will tell you. Gerri imagine your office with no phone and computer. Companies are cutting all kinds of money to save costs. Will yours be nice gerri you may have noticed your employer cutting costs across the board. Our next guest says pretty soon you may even have to start bringing in your own computers work. Twenty now is katie hill from marketwatch. Welcome to the show, kitty. We have been talking about this story all weekend long i have to say that im shocked and surprised. What are the devices the companies are saying that they dont want to buy for workers . By twentysomething, 50 of companies are going to make you supply your own computing device. At first it will just be smart phones. You will have to supply it. But eventually experts are predicting that this is going to be laptops and even desktop computers. Gerri i think a lot of people are shocked by this. But at the end of the day people are so connected to their own devices and they put on their own applications and its highly personalized. Would there be any advantages for employees out there . Some people actually like this because you have blackberry and smart phone and its taking up room in your purse or you have to use two of your pockets in your pants to hold us together. Some people really like it. You know, they have one laptop, one smart phone. But other people, not so much. Gerri its really attractive, especially Small Companies to take this step. Youre right, that is a lot of money that really adds up. When youre bringing in your own devices, it will be a significant savings for companies. Gerri is there any way that they can subsidize our gadgets and smart phones and laptops and tablet . Was interesting about that is that subsidies are going to decrease as well but i about 30 . Will decrease by an average of about 30 over the next five years. That is also going to decrease. So it has advantages for employers but also some downsides for employees. Gerri i was interested to see in her story the proportion of workers who have these devices on their own. 34 have a laptop or tablet. Theres a pretty good amount of people who would be prepared just in case this happens. Does it depend on what is going on in the economy . Well, it dies. Because obviously Companies Want to cut costs where they can. They still need here. A lot of companies are already doing is starting with smartphones. Eventually they will roll this out into laptops and desktops because people own these devices and they can just bring them in. Sort of like how construction workers bring their own tools to work and this is what is going to happen with those of us as well. Gerri you see any Big Companies doing this . Some companies have policies call bring your own device policies, but they are usually optional. Some will subsidize your smart phone. A lot of companies do that in any bring her own. But some policies are optional now, where is eventually they will become mandatory but Big Companies as well as Small Companies doing thank you for bringing the story to us. We appreciate your time. Gerri thank you for having me. We will be right back with my two cents more thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. At od, whatever business youre in, thats the business were in. With Premium Service like one of the best ontime delivery records and a low claims ratio, we do whatever it takes to make your business our business. Od. Helping the world keep promises. A new study shows those looking for love whole bit to find it with the savers. Which is sexier . Savers are not sexier they just see a pot of gold at the end of the rainbow so they could spend somebody elses money. Guess i like someone that thinks about the longterm. We also ask of my 69 percent said yes 31 percent said no. Love god for the online question every weekday. The real problem with the nsa is oversight senators and house members have not done their job and should be criticized for not knowing the levels the nsa has taken the 9 11 charges makes buses and very nervous and since the bombing congress does not want to sign onto the Health InsuranceExchange Congress should have to live under all the laws they pass this was the intention of the Founding Fathers they knew the power of corruption my wife and i watch your show every night we love how informative and educational it is. Thank you for that. Sent via email. Every once in awhile there is an opportunity in the market and todays one of those times. Mortgage rates on home loans 417,000 and higher are lower than conventional loans. This is like the elephant in your backyard. It is rare in doesnt happen. Those 11 writing loans for 30 years they have never seen it so of your aspirations are high now is not a bad time to get the loan. The market gives you a few guests and this is one. Thank you for joining us have a great night. Lou good evening. Thank you for being with us. President obama arrived alone as you see there ian he arrived late, 30 minutes late to have dinner with 90 other leaders at the summit. His late arrival to the evening dinner of the g20 summit could be construed as natalie rude but as a metaphor for the president best awkward political isolation domestically and internationally