About this episode
Explore strategies to navigate surging mortgage and child care costs so you can meet your goals despite rising expenses. How are rising mortgage and child care costs impacting the typical American family? Hosts Sean Pyles and Anna Helhoski tackle the pressing issue of the dual financial burden faced by many households today. They discuss the nuances of the affordability crisis before NerdWallet writer and mortgage expert Kate Wood joins them to shed light on the housing market dynamics, explaining how supply and demand, coupled with higher mortgage rates, are contributing to soaring home prices. They also share insights into the outlook for mortgages in the coming year and practical advice for prospective homebuyers, especially those grappling with high child care costs. In their conversation, the Nerds discuss: mortgage costs, child care expenses, housing affordability crisis, financial challenges, high mortgage rates, home buying strategies, economic realities, rising living expenses, practical solutions, affordability crisis, real estate analysis, family finances, household income, affordable housing, child care budgets, housing market dynamics, financial well-being, financial impact, creative living situations, navigating expenses, financial resilience, child care subsidies, housing market trends, mortgage rates outlook, prospective home buyers, housing market outlook, financial insights, and financial strategies. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices