Buying a house on the hope mortgage rates will ease

There’s been an increased demand for adjustable-rate mortgages (ARMs) as skyrocketing interest rates have made homes a lot more pricey for possible buyers. While these kinds of home loans can lead to lower monthly payments, they carry some risk. The BBC reports on AirBnb’s exodus from China. For today’s Economic Pulse, we talk to the CEO of the Roosevelt Institute about the prospect of student debt being canceled.