If you are still in the market to buy a house, you probably know interest rates are increasing sharply. Host Teri Barr is talking with Kate Wood, a Mortgage Expert with NerdWallet, to learn how we got here and why it's important. Kate also discusses what could happen next, and if you still want to buy a home, she has a few ideas to consider when you lock in your rate Previous Pennywise episodes featuring Kate: Proposed Changes to Medicare and How They Could Impact You More from Kate at NerdWallet: Fed Hoists Key Interest Rate as Mortgage Rates Reach New Heights What Are Real Estate Agent Networks? What Does a Real Estate Agent Do? Support the show: https://omny.fm/shows/pennywise See omnystudio.com/listener for privacy information.