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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