Can you say nitro brew on the money starts right now. Announcer this is on the money, your money, your life, your future. If youre looking to buy a home and need to take out a mortgage, beware, its getting more expensive Mortgage Rates have been on the rise since the start of this year and have really been taking off in the last week, but will they continue their climb and what does it mean for home buyers and seller this is spring diana olick has some answers. Reporter the timing couldnt be worse just as the spring Housing Market kicks off this president s day weekend Mortgage Rates are moving higher faster and buyers were already facing higher prices amid strong competition. Theres simply not enough homes to go around for people looking to buy them. Reporter this half Million Dollar denver home went on the market on a thursday and already had three offers by monday with nearly 100 people touring the home in between. I thought i was at a higher price point where it would be easier for
Streak as the tenyear pulls back from highs. Bob pisani here at the nyse. Lets start with you. Listening to this lovely music. Im 12 years old again another thing about today, selloff in the middle of the day. Three days in a row this is happening. Up 350, cut essentially in half. The market started very strong in fact, the cyclicals were the story. Looked like early january. What i mean by cyclicals, growth names. United technologies up 3 . Thats moving the dow up 30 points boeing was much stronger earlier in the day still up but a classical cyclical name. Lets show you 3m. These are all dow components, cyclical stocks, all of them, up 1. 5 , 30 points. This was 237, 238 and now back to 235 caterpillar up 2 , fourpoint gain another 30 points. This was almost 160 just a couple minutes ago finally, one group that hasnt been doing that well today, the bank stocks. Goldman sachs, all the big bank names are down fractionally. Even though there hasnt been huge moves in the tenyear you cant
I do, kari, and wet roads. The snow possibly up here in mt. Hamilton. We had an earlier spinout which cleared at thornton for northbound 880. North 101 for about ten minutes all lanes blocked by a crash here. And now only one lane blocked and theyre still slowing. A possible wrongway driver. Im going to check with chp to see if there are any updates. Well doublecheck. Be careful out there. Back to you. Breaking news out of contra costa county, a chaotic scene overnight. Two people were killed after a car crashed near a home in bay point. It happened off port chicago. Pete suratos is live there now with the aftermath and what led up to this. You heard from the homeowner who heard the crash . Reporter thats right, marcus, we did hear from the homeowner who says the crash came fairly close to his home knocking down a tree. You can see in this area this is where that crash happened. The tree they knocked over almost came close to the home. According to chp were told that a camaro and the d
The cold front comes through, winds will be picking up, probably settle at lower temperature than it is right now, 48 degrees, throughout the afternoon, with rain on and off throughout the day. And that is the new weather pattern that we have to get used to for today, tomorrow, and even over the weekends, bob kelly, a chance of rain each day. Oh, i hope you enjoyed the lasts couple of days, it is over, 7 01, getting up, getting out. By popular row questions, another cool shot of the ben franklin bridge. From our camden side. Crystal clear, looking good, the flags getting work out here this morning, too, little winnie coming over the benny. Live look, 95 northbound at ridley pack accident off to the shoulder but maybe attracting little bit of brake tap headed on up to the airport. Had an accident on the overnight. That happened in the Lehigh Valley tunnel. Some of the metal conduit fell from the ceiling of the tunnel. And then caused multivehicle accident. So right now, all southbound l
Bands in a ensemble. The gold metal. Todays morning minute made possible by penn medicine. Well the russians take the golds and silver in womens olympic figure skating. Disappointing finish for the americans who placed ninth , tenth, and 11th. Im telling you, the russian woman have dominated this sport for the past few years. We send it over to katie. Disappointing weekend forecast i would say so, do have wet weather. Even though it will get mild all over again, you will want some indoor plans. So specially on sunday. Youre going need to make those. Lets take a look even currently, wet weather moving in across specially southern tear of our area. Some of this rain is falling moderately. I definitely advise that you walk out the door with a umbrella even if it is not raining right now, where you are, which it is not obviously , in the Lehigh Valley for example, poconos, with time there will be fresh rounds every rain that move through. Off and on round of rain, type of variety that well