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 P
President obama heads for a showdown over syria. The g20 summit in st. Petersburg with tensions over syria likely to dominate. Meantime testimony before a House Committee got heated. Were talking about people being killed by gas and you want to go talk about benghazi. Posted for puerto rico and the Dominican Republic another brush with the law for george zimmerman. A camera was rolling as he was pulled over again for speeding. New york mayoral candidate Anthony Weiner got into a Heated Exchange with a man who verbally attacked his wife. Where do you get the morality to judge me . Do you know who judges me . Not you. A 100 car pileup. Just outside london. A range of injuries from the more serious to the walking wounded. A giant white diamond. The diamond is 118 karats. Operation chicken airlift. More than 1,000 hens loaded on to a private charted flight to the east coast. Would you ever do shakespeare . To be or not to be [ bleep ]. And all that matters. A just released Pew Research Cen
Steve, i guess the warmup starts right about thousand . Almost. We are getting close. Just about. We also have a little bit of patchy fog. There is not a lot. The low that is responsible for a slight cool down this week. Not that much. Still up in the pacific northwest. 50s and 60s. But a few more r50s than 60s a few more 50s than 60s. Im going 78 today. I think it will be sunny side up and definitely warmer. Starting at 59 degrees. I think we will get rid of that fog pretty fast. Patchy morning fog. About 510. Look for that warming trend to carry us into sunday or monday. Lots of sunshine after that patchy low clouds. A lot of 80s and 90s inland. Steve, good morning. We are look at traffic. Lets take a look at interstate 80 in oakland 880 in oakland. It looks good. 508 looks good around the lake shore curve. This mornings commute is moving along very nicely on westbound bay bridge toll plaza. No problems getting on to the upper deck of the bay bridge. If you are driving in the east ba
The challenges of this moment as well as those in the days ahead. So with that let me take questions. Hopefully in time for you guys to file back home. That indicates some of the additional countries that are making public statements. Last night we had a good discussion, and i want to give president putin credit that he facilitated i think a polarring of views on the issue. Heres how i would describe it, without giving the details or betraying the confidence of those who were speaking within the confines of the dinner. It was unanimous that chemical weapons were used, a unanimous conclusion that chemical weapons were used in syria and the norm has to be maintained. That these weapons were banned for a reason and that the International Community has to take those norms seriously. I would say that the majority of the room is comfortable with our conclusion that assad, the Assad Government was responsible for their use. Obviously this is disputed by president putin, but if you polled the
White house tomorrow to meet with President Trump to discuss public works projects and ways to jumpstart the economy. Translation infrastructure. The centers for Disease Control is warning of aggressive rodents amid the nationwide shutdown with restaurants shuttered. The cdc advises rats and mice are on the move looking for food elsewhere. If you read this article, theyre turning on each other and literally cannibalizing the situation. Car thefts have risen dramatically in americas largest cities. Theyre up 17 in los angeles. 63 in new york city. According to an analysis by the associated press. A lot of people not keeping an eye on their cars these days. Officials in st. Louis are calling for a travel advisory after photos showing people ignoring social distancing guidelines at missouris lake of the ozarks went viral. The st. Louis county Health Department is asking anyone who did not social distance over the weekend to quarantine for two weeks. Joining me is my coanchor for the next