Today's episode dives into the complex world of mortgages, real estate, and finance, focusing on the Atlanta metro area. Our panel of experts discuss the rise in the 10-year treasury rate and its implications on home buying. Here are the key topics covered:

1. Why Are Treasury Rates High?: Despite trends like lower consumer price index and producer price index, as well as rising unemployment, the 10-year treasury rates are at a 17-year high. The panel speculates that it's a move to curb inflation, specifically within the housing industry.
2. How Does This Affect Homebuyers?: Even with high interest rates, homes in popular areas still get multiple offers over the list price. The panel suggests this is why the Federal Reserve is targeting the real estate industry to control inflation.
3. When to Talk to Mortgage Lenders: The panel emphasizes that early conversations with mortgage lenders can help you set realistic expectations and budget. Discussing your finances well in advance helps in making an informed decision.
4. Credit Scores and First-Time Buyers: Many first-time buyers, especially younger ones, worry about their credit scores. Our experts encourage people to talk to lenders early to work on their credit and understand their buying power.
5. Down Payments: A common concern among first-time buyers is the size of the down payment. The panel discusses that talking to lenders can help set a realistic budget and strategy.
6. Affordability: Budgeting is crucial in the current market conditions. With higher credit scores and early planning, the home buying process becomes more affordable and less intimidating.

Listen in for detailed insights and expert advice to navigate today's real estate market.