Marketplace®

Daily business news and economic stories

Re-Fi? Standby … Rates are not great right now

Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to hear the full story. 

Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs.

Click the audio player above to hear the full story. 

Related Topics

Latest Episodes

View All Shows
  • Make Me Smart
    2 days ago
    25:16
  • Marketplace
    2 days ago
    25:41
  • Marketplace Morning Report
    2 days ago
    6:43
  • Marketplace Tech
    2 days ago
    11:19
  • This Is Uncomfortable
    12 days ago
    56:05
  • Million Bazillion
    a month ago
    32:45