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Mortgage Rates Rise, Snapping 13-Week Streak

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  • Description

    FBN's Liz MacDonald breaks down mid-afternoon market news.

  • Duration 0:57
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I'm Elizabeth MacDonald look at Fox Business -- -- drought that has gripped the United States.

For much of the summer continues to worsen.

Over half of all US counties are now considered.

Disaster areas but most of them caught -- one of the worst -- seen in decades according to the US drought monitor our weekly report by climate experts.

Two thirds of the lower 48 were under some levels of drought as of July 31.

And rates on fixed mortgages suburban district of record breaking lows according to Freddie Mac the average 330 year -- ticked higher to 3.5 5%.

The rain have fallen too -- matched the record low levels in thirteen for the past fourteen weeks.

And FaceBook hits a record low for a third straight day falling below twenty dollars a share for the first time since its public trading debut in May.

That's a -- of the Fox Business Network.

Giving you the power to prosper.

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