HeyJaredStephan Bisaha
- Indexed articles, last 90 days
- 23
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- Oct 1, 2026
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- Jul 4, 2026
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The rising cost of borrowing piles more financial pressure onto consumers (opens the original)
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The financial pressure continues to grow on Americans. Already dealing with inflation, today mortgage rates hit their highest level in almost three years. That's as the Federal Reserve raises interest rates and bond yields surge. NPR's Stephan Bisaha reports that with borrowing costs surging, life's major purchases are falling further out of reach for many consumers. STEPHAN BISAHA, BYLINE: Carrie Goldstein is dreaming of a few big buys. Number 1 is a new house. CARRIE GOLDSTEIN: It kind of all
Chatbots are becoming a new reality for renters (opens the original)
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Do you find yourself constantly trying to elude AI chatbots? If you are looking for a home to rent, you may find it is getting a lot harder to get around them. Landlords across the country are embracing AI concierges. NPR's Stephan Bisaha reports on one renter who can only reach his landlord through a chatbot. STEPHAN BISAHA, BYLINE: Park La Brea in Los Angeles is a big apartment complex. Like, more than 4,000 units big. And Brian Pace has lived in one of those units for about a decade. BRIAN PA
Mortgage rates (opens the original)
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Why it matters: While the 7% mortgage rate milestone holds no literal significance beyond the psychological effect of the round number, the sharp rise in rates since March risks further squeezing the budgets of homebuyers. And it's bound to deepen the freeze on a housing market held stagnant for years by the high cost of homeownership. Mortgage rates tend to follow the 10-year Treasury note, which has risen sharply over the summer amid concerns about high inflation as well as the size of the fed
Mortgage rates have just surpassed 7% for the first time in well over a year (opens the original)
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The average 30-year fixed-rate mortgage leaped to 7.03% on Thursday, according to the Federal Home Loan Mortgage Corp., which also goes by Freddie Mac. This is the first time the rate has passed the 7% mark in 20 months, or since January 2025. While the 7% mortgage rate milestone holds no literal significance beyond the psychological effect of the round number, the sharp rise in rates since March risks further squeezing the budgets of homebuyers. And it's bound to deepen the freeze on a housing
What the Fed rate hike means for pocketbooks and politics (opens the original)
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The cost of borrowing money is going up. The Federal Reserve voted today to raise its benchmark interest rate for the first time in three years. Board chairman Kevin Warsh said at today's press conference they are raising rates to tamp down on more than five years of inflation. KEVIN WARSH: The plain fact is that inflation is too high and has been for too long. KELLY: So what does this mean for your wallet? Here to break it down are NPR personal finance reporter Stephan Bisaha and NPR senior nat
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