Can we break out of the mortgage lock-in effect?

02/19/24 • 28 min

4 Listeners

It’s a tough time to be a first-time buyer in the housing market. But it’s also tricky if you own a home and are looking to buy a new one, because your mortgage rate could roughly double. That “lock-in effect” is keeping housing inventory low and pushing prices higher. Then, we’ll examine why shipping costs are falling despite global disruptions and hear how steakhouses are trying to rebrand themselves.

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Vibrating suits offer a new way to experience music

We often think of music as a mostly auditory experience, but it’s also a physical one, especially for people who are deaf and hard of hearing. Daniel Belquer — a Philadelphia-based technologist, composer and “chief vibrational officer” of Music: Not Impossible — has been studying the relationship between sound and sensation, and how that connection can make music more accessible. “Marketplace Tech” spoke with Belquer about how his vibrating technology is helping people experience music in new ways.

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Would you trust a cancer screening by artificial intelligence?

As consumers, we’ve all been subjected to the “upsell,” or pressure to pay a little more for a product that’s slightly better. It’s one thing if you’re buying, say, a car or a piece of clothing. The ethical questions get a lot more complicated in health care. Some providers have started integrating artificial intelligence in diagnostic procedures, including screenings for breast cancer. The tools may be available for an additional cost, and questions about their accuracy have been raised. Marketplace’s Lily Jamali spoke with Meredith Broussard, a journalism professor at New York University, about integrating AI into mammograms and her personal experience grappling with the tech.