May 23, 2024

Mortgage interest rates are surging. Today, Lucas Downey of 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. Each percentage point increase in rates has 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 four sectors to overweight in these tough times: Utilities, Healthcare, Staples, and Energy.
To learn more about Lucas Downey, visit
October 30 – November 1, 2022
Learn How to Recession-Proof Your Wealth
A Step-by-Step Process to Investing in Major 2020s Trends*
Subscribe to MoneyShow’s daily investment newsletter Top Pros’ Top Picks and get actionable advice from our top experts, including the hottest stocks to buy and sell, ETFs and funds for short- and long-term capital appreciation, and a wide variety of dividend-paying stocks set to deliver a steady stream of safe, reliable income.
Get an edge on the markets with our daily trading newsletter, Trading Insights, and receive timely trade ideas covering stocks, options, futures, and more to keep you on the right side of the action. From trading basics to advanced strategies and high-probability set-ups, the insights you need from our all-star lineup of trading pros is delivered straight to your inbox.
The stock market offers virtually any combination of long-term opportunities for growth and income, as well as short-term investments for trading gains. MoneyShow’s weekly Virtual Learning Letter showcases a variety of on-demand webcasts and video market commentary by top financial experts covering the hottest financial topics each week.


About Author

Leave a Reply