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In this podcast episode from January 2023, Angelo Christian discusses the recent trends in mortgage interest rates. He notes that 2022 was challenging due to skyrocketing rates that rose from around 4% to 7%, which made loan approvals difficult for many investors and first-time buyers. However, he expresses excitement over the ongoing downtrend in interest rates, aligning with predictions and statements from the Federal Reserve regarding milder inflation. Christian anticipates that the rates for 30-year fixed mortgages will continue to decrease as the Fed slows interest rate hikes, reflecting a more favorable lending environment.
