Some Reservations About Oil Reserves // Home Prices, Mortgage Rates Up Simultaneously - 3/31 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:27) - The show starts with a dive into the announcement from the Biden administration that up to 1 million barrels a day will be released from the country's strategic oil reserves in an effort to combat high energy prices.(14:22) - Touching on how the Biden administration is considering using the Defense Production Act to help increase the available amount of certain minerals such as nickel, cobalt, and manganese. (27:50) - A discussion about whether or not home prices and mortgage rates can rise simultaneously, and what effect that has on the housing market as a whole.(36:03) - Talking about consumer spending, which rose slightly from January to February as COVID-19 continues to take a backseat.