Mortgage Interest Rates Are Surging | What That Means for New Home Buyers

Mortgage interest rates are surging.

Today, Lucas breaks down what that means for new home buyers.

Many dinner tables are discussing higher mortgage interest rates.

Rates are surging from nearly 3% late last year to nearly 6.5% today.

Mortgage Interest Rates Are Surging | What That Means for New Home Buyers

Each percentage point increase in rates have a massive cost over the life of the loan.

Lucas breaks it down for you.

As costs surge, that can mean less consumer discretionary spending.

Lucas highlights 4 sectors to overweight in these tough times: Utilities, Healthcare, Staples, and Energy.

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