Fried on Business

Rate Cuts and Real Estate: How to Navigate Residential Mortgages in 2024

JimFried

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:

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."

American Home Finance Group NMLS 336310

Ed Cairo NMLS 322440

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Jim Fried has been a real estate business person since 1980 and has had his own radio show since 2009.

Mr. Fried specializes in capitalizing commercial real estate transactions, unearthing urban land opportunities and is also a private lender.

He has been active in the real estate industry for many years as a financial intermediary, broker and investor. He has experience with many property types including, but not limited to: apartments, condominiums, retail centers, office buildings, industrial parks and health care – with a special focus on memory care.

Jim has closed over $3BB in real estate transactions during his career in markets across the eastern US.

Jim uses his communication skills to inform and entertain on his weekly podcast show – Fried on Business. Of course, the show discusses real estate, but he also tackles issues such as branding, sports business, philanthropy, entrepreneurship, public private partnerships as well as health and wellness.

He is also a mentor to many up and coming people in the real estate industry through his membership on the Board of The University of Florida’s Bergstrom Center for Real Estate Studies.

Mr. Fried is a winner of the Miami-Dade Public School Alumni Achievement Award.

Contact Jim via email at jim@friedonbusiness.com