Current:Home > StocksWhen mortgage rates are too low to give up -CoinMarket
When mortgage rates are too low to give up
View
Date:2025-04-16 21:51:25
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! (824)
Related
- The Super Bowl could end in a 'three
- Rope team rappels down into a rock quarry to rescue a mutt named Rippy
- Miranda Cosgrove Details Real-Life Baby Reindeer Experience With Stalker
- Alabama Gov. Ivey schedules second execution using controversial nitrogen gas method
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Biden campaign ramps up outreach to Black voters in Wisconsin as some organizers worry about turnout
- Prince Harry is in London to mark the Invictus Games. King Charles won't see his son on this trip.
- Mom goes viral for 'Mother’s Day rules' suggesting grandmas be celebrated a different day
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Luka Doncic bounces back, helps Mavericks hand Thunder first loss of NBA playoffs
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Luka Doncic bounces back, helps Mavericks hand Thunder first loss of NBA playoffs
- Judge approves conservatorship for Beach Boys' Brian Wilson
- Court upholds a Nebraska woman’s murder conviction, life sentence in dismemberment killing
- Nevada attorney general revives 2020 fake electors case
- She was the chauffeur, the encourager and worked for the NSA. But mostly, she was my mom
- 'Young Sheldon' tragedy: George Cooper's death is flawed father's 'Big Bang' redemption
- Indiana-Atlanta highlights: How Caitlin Clark, Fever performed in second preseason game
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Oklahoma death row inmate who killed a bank guard is incompetent for execution, judge says
Trump demands mistrial after damaging Stormy Daniels testimony | The Excerpt
Israeli Eurovision contestant booed, heckled with 'Free Palestine' chants in rehearsal
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Artemi Panarin, Alexis Lafrenière fuel Rangers' comeback in Game 3 win vs. Hurricanes
Three-time MVP Mike Trout opted for surgery instead of being season-long DH
Taylor Swift's European Eras Tour leg kicked off in Paris with a new setlist. See which songs are in and out.