03/16/22, The Indicator (08:09)
Link: https://www.npr.org/2022/03/16/1087086300/how-mortgage-rates-get-made
Click here for link to Teaching Ideas for this episode
Summary: The Fed raised interest rates by 25bp yesterday. How does that affect you? This episode aired almost exactly year ago– when the Fed was just embarking on its rate hikes– delves into the implications for mortgage rates. The accompanying teaching idea prompts students to put themselves in the shoes of a homebuyer.
Summary: Lead contamination has serious economic consequences for home owners – not only for home values but health costs as well.
Original Air Date: May 6, 2016
Length: 2 minutes 25 seconds
Link: http://www.marketplace.org/2016/04/25/world/san-francisco-leases-old-hotel-house-homeless
Summary: San Francisco is utilizing old hotel buildings by committing to multi-year leases, in an attempt to permanently end homelessness.
Original Air Date: May 6, 2016
Length: 4 minutes 18 seconds
Link: http://www.marketplace.org/2016/04/15/economy/homeowner-buyout-plan-better-late-never
Summary: The Federal Housing Finance Agency begins to help 33,000 homeowners who financed their mortgages through Freddie Mae or Fannie Mac and are are more than 15% underwater and 90 days delinquent on payments. Assistance includes lowering interest rates and the balance of principal owed
Original Air Date: April 15, 2016
Length: 2 minutes 12 seconds
Link: http://www.npr.org/sections/money/2015/06/19/415804477/episode-634-worst-case-scenario
Summary: The Planet Money team investigate current problems in our economy that could create the next economic crisis.
Original Air Date: July 19, 2015
Length: 16 mins
Summary: The Planet Money team looks at the relative benefits of providing poor families a home in low poverty neighborhoods via housing vouchers.
Original Air Date: May 4, 2015
Length: 4 minutes 17 seconds
Link: http://www.marketplace.org/topics/wealth-poverty/how-tough-economy-changes-young-peoples-lives
Summary: Many people are still feeling the after-effects of the Great Recession, especially young adults. Young adults still have a higher than average unemployment rate, and are not hitting traditional milestones–such as living alone, starting careers, buying their first home–and have been described as a generation that has “failed to launch” due to the poor economy. Everything that is happening to this generation is happening later in life as they work to launch themselves as independent, self-supporting adults in the harsh economic environment.
Original Air Date: September 16, 2014
Length: 4 minutes 36 seconds
Link: http://www.marketplace.org/topics/economy/americans-appear-ready-go-shopping-again
Summary: Consumer reports conclude Americans are ready to spend again. The market is on the rise, especially as the recession fades.
Original Air Date: September 25, 2014
Length: 1 minute 28 seconds
Link: http://www.marketplace.org/topics/economy/new-financial-innovation-housing-market
Summary: Large investors have started buying houses–in the past few years, they have bought almost 200,000 new homes. The strategy was to buy low, and set the rent high. Interestingly enough, housing prices have appreciated, and rental prices have stayed the same, which results in not as big of a profit for the investors. This has created what they call rental-backed securities.
Original Air Date: October 13, 2014
Length: 2 minutes 52 seconds
Link: http://www.npr.org/blogs/money/2013/07/02/198077962/episode-470-killing-fannie-mae
Summary: The Planet Money team revisits the question what the U.S. government should do with the mortgage ‘backers’, Fannie Mae and Freddie Mac, which it took over as part of the financial crisis bailout. Includes a discussion of opposing views on whether the government should be involved in the housing market, and an outlook on what is politically most likely to be the long term outcome for these entities.
Length: 25:20 min
Original air date: July 2, 2013
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