Can we break out of the mortgage lock-in effect?
Podcast: MarketplacePublished On: Mon Feb 19 2024
Description: It’s a tough time to be a first-time buyer in the housing market. But it’s also tricky if you own a home and are looking to buy a new one, because your mortgage rate could roughly double. That “lock-in effect” is keeping housing inventory low and pushing prices higher. Then, we’ll examine why shipping costs are falling despite global disruptions and hear how steakhouses are trying to rebrand themselves.
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