A desk in my protection and much going on line and source. Which is. One of the trust i was well actually in encouraging us to read and gave a quick man. Sees a significant rise in new cases to Visitor Attractions now it turned into field hospitals we have take you on the pundit underway here in russia. So put to talk about how their function company this monday live from arties World News Center here in moscow its cover now into lighter to have you company for next 30 minutes i hope with the latest details as they stand today and lets begin with the global infection figures this hour since the outbreak of the new virus last december there have been no recorded more than 3500000 registered cases the number of deaths is heading towards a quarter of a 1000000 but on a more positive note smaller 1100000 people have so far recovered 2. You. These are the big developments the u. S. Is again trying to keep the focus well and truly on china with the u. S. Secretary of state saying that theres
A foot wrong suddenly go wrote. A very warm welcome to you with writing the 6th of march and youre watching R T International with me in the carriage. Now another 2000 cases of corona virus around the world have been confirmed in the past day here in russia medical services are on alert especially in case cities where arrivals from the most affected nations are required to self isolate for 2 weeks one of the other effects being seen worldwide as shoppers emptying shelves to stock up on essentials in australia the medias being accused of whipping up hysteria with some stalls rationing toilet paper after a rush of panic buying. Strips bears a strong as for paying for a Pandemic Take a look at this we went out to take a look for ourselves yesterday and there wasnt a toilet roll in. Every kind of shopping its happening all over the country the great soil of paper pad it is. In full cry shoppers swarming stores and clearing selves and. As coronavirus called australian newspaper even left 8
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