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November 16th, 2012
08:22 AM ET

MYB: Christine Romans on a strike against Hostess and record low mortgage rates

Christine Romans is minding your business this morning. Hostess is dealing with a strike of 18,000 workers. With a deadline of 5PM yesterday for the bakers' union to get back to work not met, we are waiting on Hostess to put out a statement on whether they will liquidate all 33 plants or not.  

But good news for consumers, the one thing you need to know about your money, is that mortgage rates have hit record lows. "Rates are falling because investors are worried about the economy, so they're throwing money into the bond market and out of the stock market," Romans says. "But those rates are so low...you might have to go and see if it's time to refinance again."

soundoff (One Response)
  1. Sue Walk

    Just wanted to let Christine know that one of my best friends son just received his acceptance to ISU. The email with Christine is truly awesome. What a great way to tell someone that they got in! P.S. Both his mother, myself and sepdad are all ISU grads too. Go Cyclones!!!!

    November 21, 2012 at 11:20 am | Reply

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