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Your future. If youre looking to buy a home and need to take out a mortgage. Its more expensive. Mortgage rates have been on the rise since the start of the year and have been taking off in the last week. Will they continue the climb and what does it mean for home buyers and sellers this spring in our reporter has answers. The timing couldnt be worse. Just as the spring Housing Market officially kicks off this president s day weekend. These are steep prices. Mortgage rates are moving higher. And buyers were already facing higher prices amid competition. There is not enough homes to go around for people looking to buy. The half Million Dollar denver home went on the mechanic on thursday and three offers by monday with nearly 100 people touring the home in between. I thought i was kind of at a higher price point where it would be a little bit easier to get a place without compe ....
Your future. If youre looking to buy a home and need to take out a mortgage. Its more expensive. Mortgage rates have been on the rise since the start of the year and have been taking off in the last week. Will they continue the climb and what does it mean for home buyers and sellers this spring in our reporter has answers. The timing couldnt be worse. Just as the spring Housing Market officially kicks off this president s day weekend. These are steep prices. Mortgage rates are moving higher. And buyers were already facing higher prices amid competition. There is not enough homes to go around for people looking to buy. The half Million Dollar denver home went on the mechanic on thursday and three offers by monday with nearly 100 people touring the home in between. I thought i was kind of at a higher price point where it would be a little bit easier to get a place without compe ....
Closely. We see panic across the globe. The british pound dropped to a 30year low after the news. While you were sleeping, Prime Minister cameron said he plans to leave his office the next three months. Right now at this minute, cameron is at the palace for an audience with the queen. We know that on monday the cabinet will meet to work out the next steps. As far as the United States president obama will be meeting with david cam ran in the next few days. We are starting to hear from other Young Leaders on how they plan to handle the u. K. s exit. Several reassert their commitment. We will have more on that angle and other developments as the fall out of the vote happens throughout the morning and as we see changes i will let you know and update you. This morning the lead candidate to replace david cam ran is this man, for ....
Looking good, into foster city with slowing southbound 880 near 92 and a nice looking shot of 280 in san jose, highway 17, across the screen. It will be pretty crowdedded with the necessary weather folks heading to the beach and president obama is here south manager coat area. We have a lot of activity in San Francisco that will affect the commute. Er continuing to track the major breaking news this morning the u. K. Voting to break from the European Union. Early this morning an emotional Prime MinisterDavid Cameron announcing he is step down and will look by october. He said this morning that he doesnt feel that he is the right opinion to lead the country into to new chapter. The vote sent the world market into turmoil and futures are down right now, and european an ....