Money Stuff

Matt Levine on finance's structural absurdities, and how regulation and arbitrage work

Deep reads here1 / 112 episodes

Cadence~1 every 7.0 days

Latest2026-08-14

Official transcriptincluded

TopicsInvesting & Business

PriorityT2

37:30

Money Stuff 0904

The better AI gets at saving you money, the more your mortgage costs

American mortgages are cheap partly because most people can't be bothered to refinance when rates fall; once AI agents remind everyone to refinance on time, that option gets repriced and mortgage rates go up instead.

8 Points 6 Quotes AIMortgage refinancing