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Motley Fool Answers

What’s Up With Mortgages and Real Estate

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 8 September 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

Bankrate’s Jeff Ostrowski joins us to discuss how residential real estate has fared during the pandemic, the challenges of refinancing, housing affordability, and more.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Full Answers. I'm Alison Southwick and I'm joined as always by Robert Brickhouse Brocamp.

0:09.5

How you doing, Robert?

0:11.4

Bro, Cam. Fine, thank you. In this week's episode, we're joined by Jeff Ostrowski. He covers

0:18.3

real estate and mortgages for bank rate. We're going to talk about

0:21.1

the state of real estate in the U.S. All that and more on this week's episode of Motleyful

0:26.0

Answers. Alison, what's up? Well, bro, I want to share the fascinating story of Marion Stokes

0:34.6

and the power of investing to fuel audacious ideas. So I found out about her thanks

0:40.2

to History Cool Kids on Instagram. So if you're looking for a recommendation for a follow,

0:45.3

History Cool Kids. And they got it from Atlas Obscura, which I don't think I need to recommend to you

0:49.9

because I think we all know Atlas Obscure is pretty awesome. And Atlas Obscura wrote about it because of a

0:55.6

2019 documentary about Marion Stokes titled Recorder. So, bro, let's get into it, shall we?

1:02.4

Let's do it. I can't wait. Born in the late 20s, Marion Stokes had been a librarian, lifelong

1:07.6

activist, and local TV producer when a magical piece of technology was born,

1:14.1

the Betamax tape recorder. At the time, broadcast TV was considered pretty ephemeral. A broadcast

1:20.0

happens, it goes out into the world, and it's never really seen again. One example,

1:25.5

Dr. Who fans out there apparently lament the last 97 episodes of the show

1:30.5

that were aired in the 60s and 70s, and that were, as a matter of routine, deleted from the BBC

1:36.0

archive never to be seen again. Because, I mean, who wants to watch a TV episode over again? Am I

1:41.9

right? I mean, you've seen it once.

1:48.1

So enter Marion Stokes and her Betamax machine in 1975.

1:53.3

She began recording bits of sitcom, science documentaries, and political news coverage. And as her son explains, from the outset of the Iran hostage crisis on November 4, 1979,

1:59.8

she hit record and she never stopped. Like, literally.

...

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