30-Yr Fixed Mortgage Rate Rose to 4.02% This Week

The video covers ECB President Mario Draghi's statement on the ECB's readiness to use unconventional tools to stimulate the euro area economy if needed. It also discusses the current state of US mortgage rates, noting a slight increase and a decline in refinancing applications. Additionally, it highlights the financial returns from Fannie Mae and Freddie Mac to the US Treasury. Finally, it compares the political approval ratings of President Obama and French President Francois Hollande.

What is the ECB's stance on using unconventional instruments?

• They have already implemented them.

• They are against using them.

• They are considering using them if necessary.

• They are waiting for approval from other countries.

What is the current trend in U.S. mortgage applications?

• They are fluctuating.

• They are stable.

• They are increasing.

• They are decreasing.

How much money will Fannie Mae send to the U.S. government by the end of the year?

• $8 billion

• $6 billion

• $4 billion

• $2 billion

What is President Obama's approval rating as mentioned in the transcript?

• 60%

• 30%

• 43%

• 50%

How does Francois Hollande's approval rating compare to President Obama's?

• Higher than Obama's

• Not mentioned

• Equal to Obama's

• Lower than Obama's