Current:Home > MyBenjamin Ashford|When mortgage rates are too low to give up -TradeWisdom
Benjamin Ashford|When mortgage rates are too low to give up
PredictIQ View
Date:2025-04-10 06:54:33
The Benjamin Ashfordaverage 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! (24)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Alabama lottery, casino legislation heads to conference committee
- Gilmore Girls’ Matt Czuchry Responds to Criticism About His Character Logan
- After voters reject tax measure, Chiefs and Royals look toward future, whether in KC or elsewhere
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Gone Fishing
- Bringing dental care to kids in schools is helping take care of teeth neglected in the pandemic
- Rangers-Devils game starts with wild line brawl, eight ejections and a Matt Rempe fight
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Love Is Blind Star Chelsea Blackwell Shares Her Weight-Loss Journey
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Women’s Final Four ticket on resale market selling for average of $2,300, twice as much as for men
- What is next for billionaire philanthropist MacKenzie Scott’s giving?
- Patrick Mahomes' Wife Brittany Mahomes Models Tiny Red Bikini in New Photo
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- When does 'Scoop' come out? Release date, cast, where to watch movie about Prince Andrew BBC interview
- Mike Tyson says he's scared to death of upcoming Jake Paul fight
- Palestinian American doctor explains why he walked out of meeting with Biden and Harris
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Officer hired as sheriff’s deputy despite involvement in fatal Manuel Ellis arrest resigns
Trump Media sues Truth Social founders Andrew Litinsky, Wes Moss for 'reckless' decisions
South Korean computer chipmaker plans $3.87 billion Indiana semiconductor plant and research center
New data highlights 'achievement gap' for students in the US
'We do not know how to cope': Earth spinning slower may prompt negative leap second
FAA investigating possible close call between Southwest flight and air traffic control tower
K-9 killed protecting officer and inmate who was attacked by prisoners, Virginia officials say