Hurricane Hilary, Mortgage Rates, Summit Reaction

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🗓️ 19 August 2023

⏱️ 16 minutes

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Summary

Hurricane Hilary is expected to reach Southern California as a tropical storm with damaging winds and rain. A spike in mortgage rates means home shoppers may need to adjust their searches. In Seoul, reaction to the Camp David meeting of leaders from the U.S., South Korean, and Japan.

Transcript

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0:00.0	It could be the first tropical storm to hit California in more than 80 years.
0:06.9	Now called Hurricane Hillary, it's threatening high winds and dangerous flooding when it
0:11.9	comes ashore later this weekend.
0:13.9	I'm Scott Simon.
0:14.9	I'm Aisha Roscoe and this is up first from NPR News.
0:21.0	The storm is expected to weaken as it moves toward Mexico's Baja Peninsula but still
0:26.3	drenched southern California, southwestern Arizona and southern Nevada.
0:31.7	We have the details.
0:33.1	The rate for a 30 year fixed mortgage is at its highest level in 21 years, what that
0:38.0	might mean for homeowners and hopefuls in a minute.
0:42.0	And a gathering at Camp David with the US, Japan and South Korea discussed at the presidential
0:47.4	retreat.
0:48.4	So please stay with us.
0:49.4	We've got the news you need to start your weekend.
0:57.3	A tropical storm watch has been issued for southern California the first ever.
1:05.6	Hurricane Hillary is making its way up towards Mexico's Baja Peninsula and is expected to
1:10.4	pass into the US on Sunday evening as a tropical storm.
1:14.8	The National Weather Service says quote, life threatening flooding is likely.
1:19.6	And scientists say human cause global warming can make intense storms like Hillary more common.
1:26.1	NPR climate deaths, Julia Simon joins us now, Julia.
1:30.7	Thank you for being with us.
1:32.1	Thank you Aisha.
	...

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