Also coming up for you this hour, can chinas drivers be convinced to go green . We will have a report on the challenges facing electric carmakers there. And from baby fashion to bookmakers betting an az on the upcoming birth of the new royal baby. That and more coming your way. First, our top stories. First, hundreds of people are feared dead in the new migrant shipwreck off the coast of libya. One survivor says there were up to 950 people on board the ship and that some of them have been locked have been locked below deck by smugglers taking them to italy. It could be the deadliest migrant disaster to date in a year already heavy with victims. The Italian Coast Guard is still searching for bodies. It is our moral duty to concentrate on our responsibility as europeans to prevent this kind of tragedy from happening again and again. The main issue here is to build together the common sense a common sense of european responsibility. There is no easy or magic solution. But there is a respo
So we kick off tonight with housinand a new opinion on the impact of rapidly risg Interest Rates. Bank analyst dick bove says it makes no sense to think it was any effect on the Housing Market so why is lowering his rating on one of the major mortgage lenders just today . Joining me now is dick bove. Always such a pleasure to have you on the show, thank you for coming on. Thank you, melissa. Melissa why are you making this about Mortgage Rates . Why will it knocked the legs out from t housing recovery . Think about it. During the housing boom, the average Mortgage Rate was 6. 5 . If you take the average Mortgage Rate, it was 6. 75 . The average rate since freddie mac publish the figures in 1971, 8. 6 . The current Mortgage Rate up a lofrom the bottom is somewhere around 4. 35, 4. 50. Way bew what the average has been for any period in the last 30, 40 years. It is pretty hard to believe an increase in Mortgage Rates causing a slowdown in housing. There are other factors, however. Number
So we kick off tonight with housing and a new opinion on the impact of rapidly rising Interest Rates. Bank analyst dick bove says it makes no sense to think it was any effect on the Housing Market so why is lowering his rating on one of the major mortgage lenders just today . Joining me now is dick bove. Always such a pleasure to have you on the show, thank you for coming on. Thank you, melissa. Melissa why are you making this about Mortgage Rates . Why will it knocked the legs out from the housing recovery . Think about it. During the housing boom, the average Mortgage Rate was 6. 5 . If you take the average Mortgage Rate, it was 6. 75 . The average rate since freddie mac publish the figures in 1971, 8. 6 . The current Mortgage Rate up a lot from the bottom is somewhere around 4. 35, 4. 50. Way below what the average has been for any period in the last 30, 40 years. It is pretty hard to believe an increase in Mortgage Rates causing a slowdown in housing. There are other factors, howev
Minister tells lawmakers she doesnt yet have the support of course her much maligned briggss deal up for a third vote but shes still fighting to convince m. P. s to hold one more vote on her new divorce deal failure could spell the end of her term as Prime Minister for a launch in london and the worlds best teacher a canyon a franciscan month his generosity and passion for science is lifting students out of poverty appeared to be she wins the global teacher prize taking home in one Million Dollars. Great to have you along everyone while israeli Prime Minister Benjamin Netanyahu has confirmed just moments ago that his country has begun rita. Well you tory strikes against targets in gaza thats in response to a palestinian rocket attack that hit a town north of tel aviv injuring seven why israel blames gazas ruling Hamas Movement for that attack a mosque has not claimed responsibility netanyahu was speaking in the white house before meeting with donald trump lets take a listen to what Pri