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Detailed text transcripts for TV channel - FOXNEWS - 20180208:21:24:00

neil: rates are going up, the stocks are going down. the dow is now in correction status. i want to give you an idea of what we mean by rates backing up. not to prohibitive levels. not to levels that i can remember, but again, not at the 18.6% that it used to be to fetch a 30-year mortgage in october 1981. this is what it s averaging now. 4.3%. the issue seems to be that they don t know how much higher we can go. probably not likely to that 18.6% level. but again, not re-visiting the old level where you could get a

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