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Tension grows in the housing market

Tension grows in the housing market

Marketplace vor 1 Monat

0:00

25:56

Bad news first: Mortgage rates are topping 7% and, fittingly,
mortgage applications are down. On the bright side, home prices
aren’t completely frozen and listings are actually up. Question
is, in this stuck housing market, when will things budge? Also in
this episode: A running resurgence parallels popularity peaks in
the aughts and ‘80s, Nashville-style hot chicken sees
international success, and writer Robin Wigglesworth argues the
bond market built the modern world in his new book, “A Fabulous
Debt.”

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Read the stories in today’s episode:

U.S. mortgage rates climb above 7% in another blow to housing
market

Bonds are like the “hidden wiring connecting the global
economy”

Why everyone is running all of a sudden

Like weddings, concerts are now destination affairs

The global appeal of Nashville hot chicken