Will Higher Mortgage Rates Kill Housing's Recovery?
June 5 (Bloomberg) -- Greg McBride, senior financial analyst at Bankrate.com and Megan McGrath, homebuilding analyst at MKM Partners, discuss how a mortgage rate increase will impact the housing recovery. They speak on Bloomberg Television's "Bloomberg Surveillance."
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Is Spain's Rajoy Stopping His Party Progress?
12:12 - Spain’s acting prime minister, Mariano Rajoy, should step aside to allow his bloc to modernize and boost its chances of leading the next government, according to a research group with ties to the party. Rajoy has become a barrier to new ideas within the governing People’s Party and he should give members a chance to vote on its future direction, according to Isabel Benjumea, director of the Floridablanca group in Madrid. Under PP rules, Rajoy should have called a party conference to endorse his position as leader more than a year ago. “It’s not only Mariano Rajoy,” Benjumea said in a Bloomberg Television interview with Anna Edwards on "countdown."