Skelers diana has our cover story this week. Jennifer trench has been shopping for a home for three months. She and her husband are First Time Buyers and price is paramount. Its definitely about affordability and convenience. Home prices are still rising faster than income, thanks to low Mortgage Rates and very tight supply of homes for sale. Now Mortgage Rates are starting to move higher, even before a potential rate hike by the Federal Reserve in december and that makes trench a little nervous. Were not going to rush into anything. But its incentive to do it soon. Were trying to find something, probably within the next three to fourmonths. The rate move higher hasnt been that dramatic. Barely a quarter of a percentage point next month. People that are on the cusp, low qualification rates that will be a challenge for them. Lots of room for storage. Home buying, however, is more emotional than most investments. The changing rates doesnt really change peoples behavior in terms of not do
Could be raise Interest Rates. What is next for buyers and skelers diana has our cover story this week. Jennifer trench has been shopping for a home for three months. She and her husband are First Time Buyers and price is paramount. Its definitely about affordability and convenience. Home prices are still rising faster than income, thanks to low Mortgage Rates and very tight supply of homes for sale. Now Mortgage Rates are starting to move higher, even before a potential rate hike by the Federal Reserve in december and that makes trench a little nervous. Were not going to rush into anything. But its incentive to do it soon. Were trying to find something, probably within the next three to fourmonths. The rate move higher hasnt been that dramatic. Barely a quarter of a percentage point next month. People that are on the cusp, low qualification rates that will be a challenge for them. Lots of room for storage. Home buying, however, is more emotional than most investments. The changing rat
On the money starts right now. The houdsing market has long been in a slow recovery, but that could be changing with the Federal Reserve signaling it could be raise Interest Rates. What is next for buyers and skelers diana has our cover story this week. Jennifer trench has been shopping for a home for three months. She and her husband are First Time Buyers and price is paramount. Its definitely about affordability and convenience. Home prices are still rising faster than income, thanks to low Mortgage Rates and very tight supply of homes for sale. Now Mortgage Rates are starting to move higher, even before a potential rate hike by the Federal Reserve in december and that makes trench a little nervous. Were not going to rush into anything. But its incentive to do it soon. Were trying to find something, probably within the next three to fourmonths. The rate move higher hasnt been that dramatic. Barely a quarter of a percentage point next month. People that are on the cusp, low qualificat
Mcdonalds surging nearly 5 after ousting its ceo. Wlas what is the new plan for the fast food giant . This remains the big question. And one hour from now, some huge earnings hit the tape google, amazon advisoryvisa biogen to name a few. Well have the numbers and instant analysis as well. A ton coming up next hour. Were just ramping up on the whole earnings thing. Digesting names like ali alibaba. The dow is up about 148 points this hour. That outperformance from a couple of individual movers. Boeing again in two days the stock is up Something Like 10 . The s p, meanwhile, up about half a percent. The same thing goes for that nasdaq buffeted from outperformance by apple and underperformance by alibaba. Lindsay bell from s p capital iq and our own Rick Santelli. Heather, you first, why do you think the market is picking up as the day has progressed . I think some buyers may have emerged after a january selloff. The dow still down about 3 on the year the s p, about 2 . We are coming off