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Money Rehab with Nicole Lapin

Wall Street News Roundup: Fannie Mae and Freddie Mac on the Path to IPO, Why Electricity Is Getting More Expensive and Good News on Interest Rates

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 13 August 2025

⏱️ 18 minutes

🧾️ Download transcript

Summary

Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks what’s at stake with the potential IPO of mortgage giants Fannie Mae and Freddie Mac, why electricity prices are going up and good news on interest rates. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account’s annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

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0:00.0

So one of my girlfriends fell in love with this house and she was sure she could afford it.

0:04.3

She had the down payment. She had the income. But when it came to pull her credit for her mortgage,

0:10.7

it was a brutal wake-up call. It sounds so obvious, but it hadn't really hit her until that moment.

0:17.3

Her day-to-day spending habits weren't just keeping up with the Joneses. They were affecting

0:22.1

her future. So she came over, we talked about it, we did some credit hygiene, and if you need

0:28.0

some of this too, I've got something that might help. Chime. With Chime Secure Credit Builder Visa

0:33.3

Credit Card, you can build your credit history with everyday purchases and regular on-time payments.

0:38.6

There are no credit checks, no annual fees, and no interest. Just a smarter way to build credit

0:44.2

using the money you set aside. Plus, you get access to credit tracking tools and personalized

0:49.2

tips, so the process feels way less overwhelming. Make everyday purchases count with

0:53.8

Chime's secured credit builder visa credit card. Get started today at chime.com slash MNN. With Chime Secured Credit Builder Visa Credit Card, you can build your credit history with everyday purchases and regular on-time payments. Just visit chime.com slash MNN as in Money News Network to get started. The Chim Credit Builder Visa credit card is issued by the Bank Corp Bank N.A or Stride Bank

1:12.2

N.A. Chime checking account required to apply. Money added to Credit Builder will be held

1:14.2

in your secured deposit account as collateral. And is your credit card's available to spend

1:16.2

amount. This is money you can use to pay off your monthly charges. Out of network ATM and OTC advance fees may apply. Late payment may negatively. Go to chime. If you take only one thing away from today's episode money rehabbers, let it be this.

1:11.6

In my not so humble opinion, public is the best brokerage for investing in bonds, money rehabbers, let it be this. In my not so humble opinion,

1:27.8

public is the best brokerage for investing in bonds, stocks, ETFs, options, and even crypto.

1:33.7

You can try it out for yourself and see why I love it so much at public.com slash money rehab.

1:38.6

Public is legit the only platform I use to buy bonds. Before public, I used to buy government bonds

1:43.9

the hard way. Slow websites,

1:45.8

confusing interfaces, website designs straight out of the early 2000s. Just picture where fun goes to die.

1:52.4

That was it. And then I found Public. About five years ago, and I have not looked back. I can now

1:58.5

finally buy bonds without wanting to rip my hair out. Public makes

...

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