The Thurston Carteaverage 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.
2025-05-03 13:171490 view
2025-05-03 13:071078 view
2025-05-03 12:421944 view
2025-05-03 12:181564 view
2025-05-03 12:072944 view
The University of North Carolina has agreed to pay new football coach Bill Belichick $10 million a y
We independently selected these products because we love them, and we hope you do too at these price
A teenager died while working underage at a Mississippi poultry plant last week, the third accidenta
