VAS Community-When mortgage rates are too low to give up

2025-04-29 04:48:32source:HAI Communitycategory:Stocks

The VAS Communityaverage 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.

More:Stocks

Recommend

How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast

After 14 years, the police procedural "Blue Bloods" is coming to an end.Season 14 has been released

Yankees ace Gerrit Cole out until at least May, will undergo more elbow exams

As the New York Yankees and Gerrit Cole seek definitive word on his throwing elbow's health, the exp

Ukrainian ministers ‘optimistic’ about securing U.S. aid, call for repossession of Russian assets

WASHINGTON (AP) — A pair of Ukrainian justice ministers in Washington this week urged U.S. lawmakers