It’s refinance time for many homeowners
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 26 September 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Last week, refinance applications were up 20% from a week earlier. The number of people who could benefit from refinancing — especially those who took out mortgages with interest rates in the high 6% to 7% range — has been growing over the last few weeks, but not everyone is making the jump. Plus, OpenAI looks to switch from a nonprofit to for-profit entity, and buy now, pay later is expected to surge this year.
Transcript
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| 0:00.0 | Hi I'm Kai Rizdahl the host of How We Survive |
| 0:03.4 | It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy. |
| 0:09.6 | Mr. Gorbachev, tear down this wall. |
| 0:14.4 | It was the cold war and my first deployments were intercepting Russian bombers. |
| 0:18.6 | Today though, there's another threat out there, climate change. |
| 0:22.6 | This could be the warmest year on record. |
| 0:24.6 | Climate change is here. |
| 0:25.7 | Temperatures here are warming faster than anywhere on Earth. |
| 0:29.5 | And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s. |
| 0:35.9 | I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change. |
| 0:44.7 | This season, we go to the front lines of the climate crisis |
| 0:47.5 | to see how the military is preparing for the threat. |
| 0:51.0 | Listen to how we survive, wherever you get your podcasts. |
| 0:56.0 | Open AI is taking the non out of nonprofit. |
| 1:00.0 | From Marketplace. |
| 1:01.0 | I'm Sabrie Beneshore and for David Brancaccio. Open AI, the startup that created |
| 1:05.6 | ChatGPT is reportedly planning to switch from being a non-profit to a for-profit entity. |
| 1:12.0 | This would be a big change. Open AI was founded almost a decade ago as a |
| 1:15.7 | nonprofit research organization whose goal was to develop artificial intelligence that will be safe and |
| 1:21.5 | beneficial for humanity while avoiding the |
| 1:24.4 | pressures associated with prioritizing profit. Marketplace's Nova Safo is here with |
| 1:28.9 | more high Nova. Good morning Sabrie. So a lot of changes going on open AI. There are a bunch of high-ranking |
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