Podknife - Mortgage Rates Have Fallen, but Many Renters Still Can’t Afford to Buy by WSJ Your Money Briefing

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Mortgage Rates Have Fallen, but Many Renters Still Can’t Afford to Buy

Podcast |: WSJ Your Money Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Personal Finance
Categories Via RSS |: Business News,; News
Publication Date |: Oct 03, 2024
Episode Duration |: 00:09:12

The average 30-year mortgage rate has fallen more than a full percentage point over the past year, but many renters remain priced out of the housing market. Wall Street Journal personal finance reporter Veronica Dagher joins host J.R. Whalen to discuss how far economists say mortgage rates have to come down for paying a mortgage to be less expensive than renting . Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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