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Demand for Home Mortgages Soars

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  • Description

    FBN's Shibani Joshi breaks down late afternoon market news.

  • Duration 0:59
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Bonnie -- with -- Fox Business pre closing arguments continue in the insider trading trial against former Goldman Sachs director Iraq and that that.

The judge -- gay with his charged in the jury before sending men to deliberate -- -- accused simply incorporate information to now.

In prison and hedge fund manager Raj Rajaratnam.

I'm pretty -- -- steepest monthly drop since July 2009.

Fueled by lower gasoline costs.

The price index fell 1% last month and excluding food and energy this so called core index.

Pick up slightly and and demand for home mortgages -- last week to their highest levels since 2009.

And Mortgage Bankers Association.

-- applications jumped 18% in the average rate on thirty year fixed rate mortgage.

Plan to only slightly to three point 88% -- refi folks.

That's latest from Fox Business giving you the power to prosper.