Poinbank Exchange|When mortgage rates are too low to give up

2025-05-06 23:53:04source:Polarmoon Wealth Societycategory:My

The Poinbank Exchangeaverage 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:My

Recommend

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

Watch Live: Explosive Iceland volcano eruption shoots lava across roads and sends pollution toward the capital

For the fifth time since December, a volcanic eruption is underway in southwest Iceland. The Iceland

California firefighters battle wind-driven wildfire east of San Francisco

SAN FRANCISCO (AP) — California firefighters aided by aircraft battled a wind-driven wildfire burnin