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5min chapter
Argo the sequel: America and Iran’s hostage deal
Economist Podcasts
Understanding Fixed-Rate Mortgages
This chapter explores the mechanics of fixed-rate mortgages, the challenges posed by fluctuating interest rates, and their impact on borrowers in various economic climates. It analyzes the current state of the US housing market, highlighting the stagnation in home sales due to homeowners' reluctance to move with low existing rates, alongside discussions on borrowing costs and affordability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode