president-elect trump hints at the idea of privatizing the va. the challenges facing that idea. and on second thought. the growing concern on using e-mail, on nightly business report for thursday, december 29th. and good evening, everyone, i m contessa brewer in for sue herera. and this is i m bill griffeth in for tyler mathisen. history is made, we re finally anchoring together. it s about time, they ve kept us apart all these years. i agree. after the federal reserve raised interest rates a few weeks ago, there was no reason to believe that anything would change in that regard. now according to mortgage buyer freddie mac, a 30-year fixed rate mortgage has ticked up to 4.32%, the highest level since april of 2014. and considering that the archfor all of 2016 for the 30-year was 3.66%, that was the lowest since freddie mac began keeping records 45 years ago. that s quite a spike in just two short months. if you re thinking of buying and you re nervous about high r
the idea of privatizing the va. the challenges facing that idea. and on second thought. the growing concern on using e-mail, on nightly business report for thursday, december 29th. and good evening, everyone, i m contessa brewer in for sue herera. and this is i m bill griffeth in for tyler mathisen. history is made, we re finally anchoring together. it s about time, they ve kept us apart all these years. i agree. after the federal reserve raised interest rates a few weeks ago, there was no reason to believe that anything would change in that regard. now according to mortgage buyer freddie mac, a 30-year fixed rate mortgage has ticked up to 4.32%, the highest level since april of 2014. and considering that the archfor all of 2016 for the 30-year was 3.66%, that was the lowest since freddie mac began keeping records 45 years ago. that s quite a spike in just two short months. if you re thinking of buying and you re nervous about high rates, diana olick tells us toni
good morning. welcome to worldwide exchange on cnbc. i m wilfred frost alongside morgan brennan this morning. good morning. good morning. congratulations on being halfway through a busy newsweek. we re not until we re halfway through the show today. almost there. almost there. lots of news to cover. lots breaking in europe on deutsche bank. headlines on wells fargo. sara not here this morning. on assignment in chicago. she ll bring you an interview with imf head christine lagarde, 11:45 a.m. eastern time. sara with christine lagarde, talking about the woes in europe with the imf cheap. let s check in on what markets are doing. a decent risk on rally yesterday, around three quarters of 1% of gains for the main indices. the nasdaq better. of the s&p 500 sectors, most were positive. tech the best, utilities the worst. it was traditional, the exciting sectors do well, the boring sectors less well. this morning we expect that to continue. the dow higher by 31 point
shanghai composite down by a third of a percent. in europe, already seeing that there are some advances there with the dax up by 0.9%. cac in france up by 0. %. ftse up 0.6%. watching treasury prices. ten-year yield on the treasury hit another two week low. we have been keeping an eye on crude oil prices. yesterday down by nearly 3%, settled at 44.67. this morning a gain of 20 cents to 44.87. in political news, a stop gap spending bill that would prevent a government shutdown this weekend has stalled in the senate. a number of democrats voted against the measure because it does not provide money to fix drinking water problems in flint, michigan. some republicans opposed the bill because of lack of zika funding, and oversight of the internet. senate leaders said they would exemplmroplore an alternative. and john williams argues the u.s. economy can hahnal a rate hike, it s hard to justify rates being so low. williams addressed fears that a hike would cause volatility. he s