Tension grows in the housing market
Keeps playing with the screen off. The episode is played from Marketplaceβs own podcast host.
Bad news first: Mortgage rates are topping 7% and, fittingly, mortgage applications are down. On the bright side, home prices arenβt 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 β80s, Nashville-style hot chicken sees international success, and writer Robin Wigglesworth argues the bond market built the modern world in his new book, βA Fabulous Debt.β
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