Today in Mortgages we dive into the current state of credit card debt with the average interest at 26% or above. There is a disconnect between employment and earnings. Today's article from the AP News: "Borrowers, especially the young, struggle with credit card debt in potentially bad sign for the economy," focuses on the younger generations, who have higher utilization of the credit are lower FICO and higher delinquencies.

Tune in to this episode to gain a deeper understanding of the current market dynamics and discover how you can better support your clients in achieving their homeownership dreams. Whether you're a seasoned professional or new to the industry, this discussion offers valuable insights to help you navigate today's real estate landscape.

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The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.