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Household Wealth Hits Pre-Recession Peak
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FBN's Cheryl Casone breaks down mid-afternoon market news.
- Duration 0:55
- Date Mar 7, 2013
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FBN's Cheryl Casone breaks down mid-afternoon market news.
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I'm -- -- -- sunny with your Fox Business -- it is another bullish day on Wall Street with the blue chips hitting its intraday high for a third straight session.
-- jobless claims fell to a six week low right now the Dow is up by 35 points 14100330.
-- The average grade and a thirty year mortgage -- slightly higher in the past think that still remains near its record low.
According to Freddie Mac it now stands at three point by 2% the rate fell to an all time low 3.3 1% back.
In November of last -- And household wealth hitting -- pre recession peak at the end of 2012 another hopeful sign for future consumer spending.
According to -- Federal Reserve possible while top 66 million dollars during the fourth quarter its highest level since the fourth quarter of 2007.
Meanwhile.
Household debt -- at its fastest pace since early 2008.
That is the latest from the Fox Business Network giving -- power to prosper.