Current：Home > MyWhen mortgage rates are too low to give up -GrowthInsight
When mortgage rates are too low to give up
View
Date：2025-04-12 14:09:42
The average 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.
veryGood！ (35)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Jason Momoa 'devastated' by Maui wildfires; Oprah Winfrey hands out supplies
- Charles Williams: The Risk Dynamo Redefining Finance
- Streamer Kai Cenat says he is ‘beyond disappointed’ in mayhem at NYC event
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Miami-area village plans peacock vasectomies to try to curb their population
- Over $1 million raised for family of California 8-year-old struck, paralyzed by stray bullet
- 'Billions' is back: Why Damian Lewis' Bobby Axelrod returns for the final Showtime season
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Da Brat and Wife Jesseca Judy Harris-Dupart Share First Photos of Son True Legend
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- 'Transportation disaster' strands Kentucky students for hours, cancels school 2 days
- Miami-area village plans peacock vasectomies to try to curb their population
- Appeals court rules against longstanding drug user gun ban cited in Hunter Biden case
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- What is hip-hop? An attempt to define the cultural phenomenon as it celebrates 50 years
- Mary Cosby Makes Epic Return in Real Housewives of Salt Lake City Season 4 Trailer
- How to help or donate in response to the deadly wildfire in Maui
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Millions of kids are missing weeks of school as attendance tanks across the US
Kenosha police arrested a Black man at Applebee’s. The actual suspects were in the bathroom
Man cited for animal neglect after dog dies in triple-digit heat during Phoenix hike
Former Danish minister for Greenland discusses Trump's push to acquire island
Atlantic ocean hurricane season may be more eventful than normal, NOAA says
Northern Ireland’s top police officer apologizes for ‘industrial scale’ data breach
Trump adviser Boris Epshteyn arrested in 2021 after groping complaints at club, police records show