TheRealDeal - Lower interest rates needed to pick up market

On a segment on CNBC Fast Money, the traders discussed how lowering mortgage interest rates could turn the housing market around. The correspondents argue that people are waiting to buy homes because they want lower interest rates, and until interest rates drop, there won't be any credit available to buy homes. One trader said the mortgage interest rates will fall to about 4.5 percent.
For more information please click the link: www.cnbc.com/id...