Where Are Mortgage Rates Headed In 2025?
This is a daily micropodcast about the South Florida real estate market by expert Peter Zalewski of the Miami Condo Investing Club™.
The Miami Condo Minute™ is a daily micropodcast by expert Peter Zalewski about the South Florida region of Miami-Dade, Broward and Palm Beach published on weekdays.
(GREATER DOWNTOWN MIAMI - Dec. 18, 2024) In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - provides insights on the Federal Reserve's recent decision to cut interest rates by 25 basis points and its impact on mortgage rates and condo prices.
Zalewski delves into the implications of this rate cut on the South Florida condo market, particularly focusing on how it affects mortgage rates and the current market trends.
With the Fed aiming to control inflation, Zalewski explains the potential challenges ahead for buyers and sellers in 2025 as the region is already preparing for the looming 2025 Florida Condo Association Financial Crisis.
Miami Condo Minute™ Podcast Timeline:
00:00 Introduction to Miami Condo Minute
00:24 Today's Topic: Federal Reserve and Interest Rates
00:57 Jerome Powell's Recent Announcement
02:29 Impact on South Florida Condo Market
02:48 Current Mortgage Rates and Future Projections
04:51 Conclusion and Final Thoughts
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