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People caught in scaffolding malfunction in downtown Austin rescued

Two people were stuck on a scaffold hanging by ropes for two hours Thursday morning. (ATCEMS/Twitter)

Austin-Travis County EMS and the fire department have rescued two people at an I-35 Southbound Frontage Road and 12th Street construction site, where a scaffold was hanging unstably by ropes due to a malfunction for two hours.

At 10:14 a.m., first responders responded to reports of a "scaffolding malfunction" at the site. The two victims were construction workers and were uninjured.

Efforts to resolve issues with the equipment were unsuccessful and it was declared unsafe by an equipment expert.

The fire department then proceeded to a new plan, where each person was lowered to the ground safely with the help of a firefighter.

Everyone involved was uninjured in the process.

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A mortgage banker walks us through the math on purchasing a 'mid-price' Austin home

So you want to buy a house?

To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.

Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.

Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.

So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.

Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.

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Fall camping: Camp Fimfo Waco offers one-of-a-kind experiences in the heart of Texas
Camp Fimfo Waco

Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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