the good news, coming off the biggest three-day rally. stock futures are higher this morning. the dow and nasdaq jumped yesterday. giving a soothing talk from federal reserve officials they are in no hurry to take away the billions of dollars the world is used to that we have been dumping into the market. all that soothing talk hasn t stopped the rise in mortgage rates. no calm tones there. the rate on the 30-year fixed taking the biggest jump in 26 years. that s right. that rate spiked a half percentage point in a week to 4.46. that extra point will cost you $56 more a month for every $100,000 borrowed. that adds up. it really adds up. rates are still low. they are not close to 2007, almost 7% back then.
into the ground. really, really a big story there. controversial comments from the governor of texas directed at the state senator whose filibuster stopped them from adopting the toughest, strongest abortion laws in the nation. he mentioned wendy davis as he argued the regulations are necessary. she s the daughter of a single woman. she was a teenage mother herself. she managed to eventually graduate from harvard law school and serve in the texas senate. it s just unfortunate that she hasn t learned from her own example that every life must be given a chance to realize its full potential and every life matters. davis was called the statement without dignity. the state senate set to consider that very, very strong bill. it would ban most abortions