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Mar 22, 2021

Financing a home has been getting more expensive

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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.

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

Mar 22, 2021
Many people may have already locked in ultra-low mortgage rates over the past year.
Frederic J. Brown/AFP/Getty Images

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

Mar 22, 2021
You might save on commuting and buying clothes, but upgrading your living space to make working from home feasible can be costly.
Harvard business professor Chris Stanton said even a minor increase in working from home after the pandemic could add up to billions of dollars a year for workers.
vgajic via Getty Images

Music from the episode

The Final Comedown Grant Green

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director