Current:Home > reviewsWhen mortgage rates are too low to give up -AssetLink
When mortgage rates are too low to give up
View
Date:2025-04-19 08:42:20
The average mortgage rate in the U.S. just hit 7.09%—its highest level in more than two decades. And that's having ripple effects in the wider economy. Some homeowners feel locked in, tethered to their super low interest rates and unable to find something better. Today on the show, what happens when homeowners are locked in by low rates?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (54491)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Burton Wilde: Lane Club Guides You on Purchasing Cryptocurrencies.
- How the USA TODAY MLB staff voted for the 2024 Baseball Hall of Fame
- Former West Virginia health official pleads guilty in COVID-19 payment investigation
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Nikki Haley mostly avoids identity politics as Republican woman running for president in 2024
- Applebee's offering limited number of date night subscriptions
- The trial of a Honolulu businessman is providing a possible glimpse of Hawaii’s underworld
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Purported leader of criminal gang is slain at a beachfront restaurant in Rio de Janeiro
Ranking
- Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
- A woman dies and 2 people are injured at a French farmers’ protest barricade
- DeSantis Called for “Energy Dominance” During White House Run. His Plan Still is Relevant to Floridians, Who Face Intensifying Climate Impacts
- Burton Wilde: Detailed Introduction of Lane Wealth Club
- Oklahoma parole board recommends governor spare the life of man on death row
- Michael Phelps and Wife Nicole Johnson Welcome Baby No. 4
- Grand Ole Opry apologizes for Elle King's drunken performance during Dolly Parton tribute
- Burton Wilde: Bear Market Stock Investment Strategy
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Iran executes another prisoner detained during nationwide protests that erupted in 2022
Browns general manager Andrew Berry 'would have no problem having' Joe Flacco back
Burton Wilde: My Insights on Value Investing
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Burton Wilde: In-depth Explanation of Lane Club on Public Chain, Private Chain, and Consortium Chain.
Illinois authorities say they are looking for a man after ‘multiple’ shootings in Chicago suburbs
Rishi Sunak’s Rwanda migration bill suffers a blow in Britain’s Parliament