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Wall Street Breakfast

Rates tick higher as housing demand grows

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 27 March 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

Mortgage rates continue to rise, but housing market is gradually improving. (00:14) Netflix (NFLX) hiking subscription plans to pay for $20B content budget. (01:05) Senate advances Homeland Security funding bill as shutdown strains airports. (01:58)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:07.6

We finally made it to Friday. Today is March 27th. I'm Julie Morgan. The chief economist at Freddie

0:15.8

Max says the housing market continues to show gradual improvements compared to a year ago amid recent rate

0:22.7

volatility. Sam Cater noted that purchase and refinance applications are up year over year,

0:29.3

and rates remain lower than last year. But rates have increased week over week. The latest

0:35.1

Freddie Mac primary mortgage survey show 30-year fixed-rate mortgages

0:39.9

averaged 6.38% as of yesterday, March 26th, up from 6.22% last week, but below 6.65% in the same

0:51.3

period a year ago. 15-year fixed-rate mortgages average 5.75 percent, up from 5.54% last week,

1:01.2

and down from 5.89% a year ago. Your next Netflix bill will be higher. Netflix is raising the price of all

1:10.5

its subscription plans by at least a dollar.

1:13.4

The company telegraphed the increase during its earnings call in January.

1:18.0

Netflix says it needs the extra money to help pay for the company's higher content budget,

1:23.6

expected to rise to $20 billion this year. That's a $2 billion increase. This includes a slate of live

1:31.1

events, including the World Baseball Classic in Japan, podcasts, and a new license deal with Sony.

1:38.1

Effective immediately, a standard plan will cost you a dollar more. Standard with no ads will

1:44.0

cost you $2 more, and the same is true for a

1:46.9

premium plan. The company also raised its extra member fee by a dollar. Netflix last raised its

1:53.5

subscription fees in January of 2025. President Trump says he plans to sign an order to pay transportation security administration

2:03.5

officers immediately. This comes at the same time the Senate passed legislation to fund most of the

2:10.2

Department of Homeland Security, but that bill still needs approval from the House and a signature

2:15.6

from the president. The action comes amid a weeks-long

2:19.1

funding standoff over DHS, which oversees the TSA. The prolonged partial government shutdown

...

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