Marc Leclerc|When mortgage rates are too low to give up

2025-04-29 16:49:18source:Quantum Insightscategory:Scams

The Marc Leclercaverage mortgage rate in the U.S. just hit 7.09%—its highest level in more than two decades. And that's having ripple effects in the wider economy. Some homeowners feel locked in, tethered to their super low interest rates and unable to find something better. Today on the show, what happens when homeowners are locked in by low rates?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Scams

Recommend

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that

He's been in an LA hospital for weeks and they have no idea who he is. Can you help?

A Los Angeles County hospital is hoping to reunite a patient found nearly a month ago with his loved

A gay couple is suing NYC for IVF benefits. It could expand coverage for workers nationwide

A gay couple is suing New York City for denying them in vitro fertilization benefits, claiming the c