Chris Arnold
NPR
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Past articles by Chris:
Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars
The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution. → Read More
FTX investors fear they lost everything, and wonder if there's anything they can do
More than one million people may have lost their money in the spectacular collapse of the cryptocurrency trading firm. Some had big chunks of their life savings disappear into a black hole. → Read More
Some homebuyers lose deposits of $10,000, $20,000, or more due to high mortgage rates
There's a high-stakes tug of war over new homes. Many people who signed contracts before houses were built now are scared to buy them. Builders don't want them to back out and are keeping deposits. → Read More
Have you invested in crypto on FTX or other platforms? We want to hear from you
A prominent cryptocurrency trading platform, FTX, has collapsed cutting off investors from their holdings. If you've invested in crypto, NPR wants to hear your story. → Read More
Buying a home gets even harder as mortgage rates top 7%
It's harder to afford homeownership than it's been in decades as a steep run-up in both prices during the pandemic and more recently interest rates hit buyers from both sides. → Read More
With mortgage rates near 7%, the housing party is over. Now it's hangover time
The highest rates in 20 years are dashing the dreams of some would-be homebuyers. Others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house. → Read More
Why are stocks and bonds both falling?
Ever had a pet turtle? Try a pet bond! They're a reliable addition to your 401k that can be valuable even when stocks are down. We discuss why bonds belong in your terrarium (or retirement plan).For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. → Read More
Stocks and bonds both get clobbered this time. Here's what's behind the double whammy
Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans. → Read More
Home prices see biggest drop in 9 years, thanks to higher mortgage rates
The super-heated housing market is cooling off. Home prices have fallen about 6% since their peak in June. The pace of sales also fell for the 7th straight month. → Read More
Adjustable rate mortgages can be cheaper but risky. Here's what you need to know
With mortgage rates up sharply, many more homebuyers are turning to adjustable rate loans. These can be more affordable, at least at first. But they come with a big risk. Is it worth it? → Read More
The promise and peril of mobile home ownership
At first glance, mobile home ownership seems like the happy medium between renting and buying a house. But what happens when a tug-of-war ensues between the landlords and the residents? For the full read, click here. → Read More
From floods to slime: Mobile home residents say landlords make millions, neglect them
Elderly homeowners in Florida are suing the billion dollar company that owns their mobile home park. Big companies are buying up parks around the country, but critics say residents pay the price. → Read More
How to solve the nation's housing shortage
Hundreds of towns and cities are short of housing. It's the biggest reason rents and home prices are so high. A new study out today looks at how to fix the problem. → Read More
There's a massive housing shortage across the U.S. Here's how bad it is where you live
Hundreds of cities and towns are seriously short of housing, both homes to buy and rentals, according to a new study. It's the main reason that home prices and rents are so high. → Read More
The pain of rising mortgage rates when you're waiting for your home to be built
Many Americans put down deposits of $20,000 or more with builders to put up new homes. But with mortgage rates rising, some can no longer afford the homes. And they could lose their deposits. → Read More
Are rising interest rates giving you grief while you wait for your home to be built?
Many people are getting hurt financially because mortgage rates rose sharply while they were waiting for their new homes to be built. And now it's hard or impossible to buy them. Share your story. → Read More
Rents across U.S. rise above $2,000 a month for the first time ever
A new report shows the cost of renting a home or apartment is up 15% nationally to a new record high. → Read More
Rents across U.S. rise above $2,000 a month for the first time ever
A new report shows the cost of renting a home or apartment is up 15% nationally to a new record high. → Read More
Home prices could fall, but is it a bubble?
Housing prices all over the country are rising at historic rates. Some are concerned about a housing bubble and crash like the one in 2008. So what's happening? → Read More
Home prices could fall in some U.S. cities. Here's where and why
During the past two years, home prices nationally have soared more than 30%. Rising mortgage rates make affording a home even harder. That has many people wondering if we're in another housing bubble. → Read More