Will interest rates go up again? What to do if you are a homebuyer

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?

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PennyWise is a show about money, personal finance, investing and travel. The program features a variety of financial experts who can help save you money.