Marketplace
Will homebuyers spring at lower rates?
Mar 14, 2025
Mortgage rates have dipped to 6.6%, but many buyers are still waiting for a drop below 5%. Federal cuts to programs supporting local food access threaten schools and food banks. The podcast also discusses U.S.-China trade dynamics, highlighting the impact on consumer behavior and culinary trends. Plus, an inspiring tale of an 89-year-old chef navigating challenges while maintaining her passion for cooking, all amid fluctuating economic conditions.
25:24
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Quick takeaways
- Recent drops in mortgage rates to 6.6% might not incentivize homebuyers, as many are waiting for rates below 5%.
- Economic uncertainty and declining consumer confidence are negatively impacting spending and investment behaviors in the housing market.
Deep dives
Economic Uncertainty Amid Global Tensions
The ongoing economic uncertainty highlighted reveals a mix of bewilderment and concern among global leaders regarding the shifting geopolitical landscape. Observers note that the U.S. is engaged in a trade war, particularly with tariffs that are being aggressively implemented and then occasionally rolled back. This inconsistent approach creates a state of unease among businesses and investors, who are left to navigate an unpredictable economic environment. The sentiments around the tariffs and trade relationships reflect a deeper apprehension about future economic stability and relations with key allies.
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