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Mar 22, 2021

Financing a home has been getting more expensive

Last week, Freddie Mac said the average 30-year fixed mortgage rate was at nearly 3.1%, the highest level since June. That could also have an effect on the wave of refinancing we’ve seen throughout the pandemic. Plus, a proposed railroad merger that would link Canada, the U.S. and Mexico. And, adding up the costs of working from home.

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Financing a home has been getting more expensive — Frederic J. Brown/AFP/Getty Images

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Segments From This Episode

Canadian Pacific Railway has agreed to buy Kansas City Southern for $25 billion
Together, they would create the first freight rail network linking the U.S., Mexico and Canada. Marketplace’s Nova Safo has more.
The refinancing boom could be slowing down … for now
by Justin Ho
Frederic J. Brown/AFP/Getty Images
Many people may have already locked in ultra-low mortgage rates over the past year.
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Work-from-home benefits may not outweigh long-term costs
by Meghan McCarty Carino
vgajic via Getty Images
You might save on commuting and buying clothes, but upgrading your living space to make working from home feasible can be costly.
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Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director

Marketplace®

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Financing a home has been getting more expensive

Subscribe:

Segments From This Episode

Canadian Pacific Railway has agreed to buy Kansas City Southern for $25 billion

The refinancing boom could be slowing down … for now

Work-from-home benefits may not outweigh long-term costs

Music from the episode

The Team