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."