join our live conversation for the next half hour on twitter: on facebook, facebook.com/aj. "real money." the big decision from the federal reserve indicates a vote of confidence in economic recovery. the fed announced a $10 billion pull back starting in january on its $85 billion monthly bond purchases that have boosted the economy. the stockmarket rallied after the news was announced. here is what ben bernanke in his last conference as fed chair had to say about the fed's thinking economy. >> today's policy actions reflect the committee's assessment that the economy is continuing to make progress and it has much farther to travel before conditions can be judged normal. notably despite head winds, we expect grope growth will pick up in coming quarters. >>> the fed has been expected to start to taper its monetary stimulus. interest rates were inching upwards with mortgages rise to go an average of 4.24%. up a full percentage from may. >> that's near historic lows. lower borrowing costs have helped fuel a spectacular housing market six years after it collapsed. rates will con