Can we break out of the mortgage lock-in effect?

Marketplace

News, Business

4.6 • 8.5K Ratings

🗓️ 19 February 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s a tough time to be a first-time buyer in the housing market. But it’s also tricky if you own a home and are looking to buy a new one, because your mortgage rate could roughly double. That “lock-in effect” is keeping housing inventory low and pushing prices higher. Then, we’ll examine why shipping costs are falling despite global disruptions and hear how steakhouses are trying to rebrand themselves.

Transcript

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