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In this January 2023 episode of the podcast "Real Estate Insider," Angelo Christian discusses the recent downtrend in mortgage interest rates following a challenging 2022. He notes that interest rates had peaked, rising from around 4% to 7%, which hindered many investors and first-time buyers from securing loans. However, he expresses optimism about the current retracement in rates, aligning with predictions from the Federal Reserve regarding a moderation in inflation. Christian expects that as interest rate hikes slow, 30-year fixed rates will continue to decrease, facilitating improved access to financing for prospective buyers.
