The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Living in the age of low interest rates

by The Madeleine Brand Show

The Commerce Department says the number of people who bought new homes fell for the fourth straight month in July. Meanwhile, mortgage interest rates are at a 40 year low. Heidi Moore, the Wall Street correspondent for American Public Media's Marketplace talks about why that's not doing much to stimulate the housing market, and offers some general tips for living in the age of low interest rates.

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