Daniella Cheslow

speaker
539 appearances 15 recordings 1 series first heard Aug 2022 last heard Dec 2022

Daniella Cheslow’s voice in public audio — every appearance, attributed to the second.

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Will people still have their flight status for the coming holidays?
That's Wall Street Journal travel reporter Jacob Passy.
Thanks very much.
And that's your Money Briefing.
I'm Daniela Cheslow for The Wall Street Journal.
Here's your money briefing for Tuesday, October 18th.
I'm Daniela Cheslow for The Wall Street Journal, filling in for J.R.
Whalen.
If you, like me, missed a chance to buy a house when mortgage rates were in the high 2%, the market is a lot tougher now.
Rates are near 7%, while housing prices are still high.
And that means many Americans who spent years saving up a down payment are just holding on to that money.
On today's show, our personal finance reporter Veronica Dagger will talk about who's sitting out the market and she'll share some ideas from financial planners for getting the best return on those savings.
The number of people who are not buying houses because they've been priced out of the market is hard to estimate.
But Fannie Mae forecasts that mortgage lenders will complete 49 percent fewer single family loans this year compared to 2021.
That means a lot of people are holding on to their hard earned down payments.
waiting for better conditions.
But not all savings plans are created equal, especially with inflation running high.
So what's the best way to preserve your down payment?
Let's hear from Veronica Dagger, WSJ personal finance reporter.
Hi, Veronica.
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