As President Obama travels after his State of the Union speech to rally support for his proposals, he must also deal with a rising mood of pessimism about the economy. Fear of the future must not be allowed to feed on itself.
Mortgage rates increased 5 basis points to 3.63 percent since last week, according to the latest data from the Mortgage Bankers Association.
Friday's jobs report shows that the government is heading in exactly the wrong direction by raising taxes on the middle class and cutting spending, Reich writes.
Mortgage rates jumped to 3.51 percent since last week, according to the most recent data from the Mortgage Bankers Association.