Rate Cuts and Real Estate: How to Navigate Residential Mortgages in 2024
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Rate Cuts and Real Estate: How to Navigate Residential Mortgages in 2024
Episode 791 | 10.23.24
In this episode of Fried On Business, Jim and home mortgage expert Ed Cairo discuss the recent 50 basis point interest rate cut and its impact on the residential real estate market. They dive into refinancing strategies, rate and term financing, and the complexities of the condo market. Whether you’re a homeowner, investor, or looking to refinance, this episode provides practical advice on navigating the current mortgage landscape. Learn how to make informed financial decisions in today’s fluctuating market.
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About Our Guest:
Ed Cairo
With all the attention dedicated to the residential real estate market, we all understand that no transaction can occur without financing. Ed Cairo (President, American Home Finance Group) helps people close easily and with great positive energy.
Realtor License since 1983.
Mortgage Broker/Owner since 2000.
“We have a fully automated mortgage brokerage company that will get your deals closed on time. We are always available. With my 20 years lending experience, I work with my clients to structure a loan that makes sense for them.”