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U.S. Day Ahead: Rising mortgage rates big threat to the Fed

Wednesday, June 12, 2013 - 01:51

June 11 - Experts at IFR say that if mortgage rates get out of hand, the Fed will keep up its $85B a month of bond buying.

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Well rising mortgage rates and a knife in the back of the housing recovery while the thirty year rate could go up again after surging last week about 4% its highest level since early may last year. The -- also hit demand for refinancing which slumped 15%. Our experts that I am art save -- rise further if that is likely to see that as a threat to housing and we'll keep up its massive economic stimulus. And we'll have more now says in a special bond roundtable with talk writers editors and commentators at 12:25 eastern. C a GM to redesign of its full sized pickup trucks is on track at the company's analyst day drugs are huge. Profit generator for General Motors analysts estimate that -- when he fourteen Chevrolet Silverado and GMC Sierra trucks alone could generate one billion dollars in earnings -- 2013 and 2014. Listen for any news on cash return to shareholders. The Buckingham research group does not happen if the government -- falls below ten per cent. Investors like what they see GM's stock has shot up 50% in the last year outperforming rivals -- There is nothing taxiing about sharing any -- block. They have nearly doubled in the last year and could rise even more after the company reports earnings and profits are saying he -- by almost 30% and according to the latest Reuters. Pulled these fiscal fourth quarter is traditionally the strongest periods or the tax preparer. Analyst at Oppenheimer recently increased their price target on H&R block from 29 dollars to 32 dollars. -- anticipating more demand as obamacare kicks in next year. And follow us on Twitter writer is insider and get more of our videos and Reuters dot com slash careers TV time that he mom this is breeders'.

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U.S. Day Ahead: Rising mortgage rates big threat to the Fed

Wednesday, June 12, 2013 - 01:51