I'm so glad you're with us here on the Clark Howard Show where it's all about you and

that quality yours.

I want you to learn ideas to me so you can keep more of what you make coming up in just

a few minutes.

An airline abandoning a child and not telling the parents they've done so wait till you

hear today's Clark rage and coming up yet later enormous changes coming and how we

get around and how we pay to get around.

I'm going to fill you in on some of that how it's going to affect your life and your

wallet in pretty much any place in the United States.

So a lot of stuff going on with the mortgage market.

If you're not aware there are a number of signals that have economists buzzing about

whether or not we are headed towards a recession.

And one of the effects is that people whose money chases a lower risk which tends to be

what people are doing when they're investing in what are known as bonds that people that

are putting money in bonds are now seeking less money and long term bonds as an interest

rate than short term which historically with almost no exceptions has indicated that a

recession is coming.

So that has had an effect directly on what you and I pay for a mortgage.

So it's been a while but now we're moving back into a territory where rates may be low

enough for some people to refinance especially if you're willing to do a 15 year loan refinance

rather than refi into another 30 year loan.

In addition for people buying a home interest rates at a time and this year when rates were

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