Chris Arnold

Chris Arnold and Robert Smith, reporters for Planet Money, dive into the alarming world of zombie mortgages, revealing the impact of long-forgotten second loans that resurface, threatening unsuspecting homeowners like Karen MacDonough. They discuss the emotional turmoil and legal battles faced by those suddenly confronted with these revived debts. With insights into the housing bubble and Wall Street's role in this unsettling trend, the episode sheds light on the unsettling reality of predatory lending practices and the importance of understanding our financial landscapes.

Robert Smith and Chris Arnold, NPR Planet Money correspondents, dive into the chilling world of zombie second mortgages. They unravel how homeowners can pay their bills faithfully yet still face unexpected foreclosure. With riveting personal stories, they highlight the emotional toll and legal complexities victims encounter. The discussion wraps up with insights on how homeowners can fight back against predatory lending practices and navigate the murky waters of dormant debts that suddenly awaken.

NPR reporter Chris Arnold investigates the unsettling world of 'yo-yo car sales,' a deceptive practice used by some dealerships. He recounts harrowing tales of consumers caught off-guard, facing sudden changes to their contracts after driving off with their cars. Arnold emphasizes the emotional and legal turmoil these buyers endure and discusses the potential for federal regulations to tackle this troubling trend. Tune in for insights on how to navigate these treacherous waters when buying a vehicle.

In this insightful discussion, NPR correspondent Chris Arnold sheds light on how rising mortgage rates are cooling the U.S. housing market. He shares stories of potential buyers facing disqualification due to soaring costs, along with those who managed to purchase before the rates spiked. Arnold delves into the Federal Reserve's role in managing inflation and its ripple effects on home prices. The emotional toll on buyers, especially among diverse communities, adds complexity to the already challenging landscape of homeownership.

Join NPR correspondent Chris Arnold as he breaks down the chaotic housing market. He shares insights on soaring home prices and the emotional rollercoaster for buyers navigating fierce competition. Discover the differences between today’s market and the 2008 crisis, emphasizing supply issues rather than lending practices. Arnold offers practical advice like securing mortgage pre-approval and explores future trends that may cool the market. Perfect for first-time buyers seeking strategies for long-term success and affordability!