Shorts - How Will 8% Mortgage Rates Impact Miami's Condo Market?

How Will 8% Mortgage Rates Impact Miami's Condo Market? In this episode of the "Miami Reporters Roundtable Podcast With Peter Zalewski of Condo Vultures®," a panel of four former and current journalists discuss the impact of mortgage rates increasing from three percent in 2021 to five percent in 2022 to eight percent in 2023. The discussion is based on this story from CNBC: "The 30-Year Fixed Mortgage Rate Just Hit 8% For The First Time Since 2000 As Treasury Yields Soar" Here's a link: 'https://www.cnbc.com/2023/10/18/30-year-fixed-mortgage-rate-just-hit-8percent-for-the-first-time-since-2000.html This week's panel is comprised of Zalewski (@PeterAZalewski) along with former business reporters John Fakler (@JTFakler), Jean Gruss (@JeanGruss) of GrussPR.com and current writer Sean McCaughan (@SeanMcCaughan) of TheBigBubbleMiami.com. This program features current and former journalists discussing the biggest stories from the previous week. The objective of this program is to cut through the fluff and hyperbole of South Florida real estate marketing, in hopes, of assisting the audience to better understand the key points impacting decision making. The Miami Reporters Roundtable Podcasts can be viewed or heard wherever you get your podcasts. Alternatively, this podcast is available on the YouTube.com channel: CondoVulturesTV. Check out the new line of merchandise from the Miami Reporters Roundtable Podcast at: 'https://www.CondoVultures.com. Please send all questions and comments to @MiamiRRP on X (formerly Twitter), Instagram and TikTok. To ask a question or make a comment, please reach us at [email protected] or 305.865.5859