“A light at the end of the tunnel” for mortgage rates?
Aug 1, 2024

“A light at the end of the tunnel” for mortgage rates?

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We'll take a look at what's happening to mortgage rates now that central bankers are on track to lower the cost of borrowing.

Segments From this episode

How mortgage rates are responding to hints of a future rate dip

Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years, but we’ll have to wait seven more weeks. Powell cited greater progress toward lower inflation as well as a cooler job market. Bonds are rising in anticipation, and the average 30-year fixed mortgage fell to 6.7%. Watching all of this is Diane Swonk, the chief economist at the audit tax and advisory firm KPMG.

Biden administration tries again to relieve student debt

Aug 1, 2024
It's trying a different route to loan forgiveness, but it is unclear how successful the plan will be.
President Joe Biden's administration is eyeing statutory rules changes to waive accrued interest in its latest attempt at debt relief. Above, Biden in April.
Andrew Caballero-Reynolds/AFP via Getty Images

The strike of the voice actors

Hollywood actors will be picketing again today, less than a year after a historic strike brought the film and TV industry to a standstill. This time, the strike is against video game producers, who use union actors for voices and movements that bring characters to life in games.

Poll workers are vital to elections, but there's a shortage

Aug 1, 2024
The seasonal workers manage lines, hand out ballots, process mail-in ballots and serve as greeters at polling sites.
By election day, voting locations will need a million poll workers nationally.
Elijah Nouvelage/AFP via Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC