Why Are Mortgages Skyrocketing? | IEA Podcast

The average mortgage rate has risen above 6 per cent, representing the highest rate since the mini-budget fiasco of last year. But why is this the case?To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Joseph C. Sternberg, Political Economics columnist at The Wall Street Journal and member of the newspaper's editorial board. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe