The fed said, that is causing the market to end in the red, is that the fed indicated that its going to be more aggressive in how it raises rates over the course of the next year. As far as what have this means to businesses and consumers, this, once again, is not a huge rate hike but still means borrowing costs are going up. If you take out a new mortgage or home equity line of credit or an adjustable Rate Mortgage, youll pay more. Car loans will be more expensive. There are some winners in this, though. For one, savers, Senior Citizens who need the interest on their savings. Those getting close to retirement have moved a lot of cash. The banks are winners. They can charge more for taking out loans. The biggest losers, those looking to buy a home. The average 30year fixed Rate Mortgage right now is 4. 2 . For a 250,000 loan thats a monthly principal and Interest Payment of 1,223. So that payment will go up about 45. Looking at the life of the loan, borrowers are paying 16,000 more. Ja
Also this fox news alert, we are awaiting the Daily Briefing from the white house on another very busy day in washington. Jenna indeed, the Senate Taking up health car, new file out about yesterdays testimony about Michael Flynn and eight u. S. Troop surge in afghanistan. Recovering all of the news happening now. Nsa director testifies for the first time on the unmasking of names swept up in Foreign Surveillance ahead of the 2016 president ial election. Plus, just days after the u. S. Deployed Missile Defense system in south korea, voters in that country elected a new leader. What is ahead for a key american ally. And. Cut emotional town hall like this in the wake of the House Health Care vote create a wave of trouble for republicans in the 2018 election . It is all happening now. Jon but we begin with this fox news alert as we await that white house Daily Briefing on a very busy tuesday in washington. Welcome to the second hour of happening now, im jon scott. Jenna hi, everybody, im j
Carter page . You lead with it. Why . Thats not my recollection. I dont know the fisa application it was part of a broader fact that was laid before the judge. There was more than the dossier . My recollection is that there was a significant amount about the page and there is probable cause to believe that he was part of it. Tucker i dont know its hiding behind government secrecy again. Trey gowdy represents south carolina. He joins us tonight. Mr. Chairman, thanks for coming on. What did you learn from it . A couple of things. Page and strzok he would have fired immediately. Those investigations should have been canned. Director comeys recollection is flawed. He needs to get his orders to go back and look at the transcript. We did not miss here, maybe he misspoke, but thats in the transcript. The double standard that hes had for the last couple of weeks still exist. If trump tells any lies at all, its a remedy for him. Tucker Martha Stewart went to prison for lying. He doesnt remember
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