Gerri Willis joined Fox Business Network (FBN) in March of 2010. Willis is an anchor and personal finance reporter for the network. Prior to joining FBN, Willis served as the personal finance ...

But CNN personal finance editor Gerri Willis says it could be good news for consumers. She answers some questions that may be worrying mortgage holders. Watch Gerri's tips for mortgage holders ...

CNN personal finance editor Gerri Willis breaks it down. The idea here is to fend off a recession. Everybody is worried about the state of the U.S. economy. Lower rates mean cheaper loans.