Understanding Mortgage Rate Spreads and Navigating Today's Housing Market

In this episode of Orlando Real Estate Buzz, Brenden Rendo (The Homes in Orlando Team) and Joseph Dionne (Appli Home Loans) break down the latest national financial headlines—and what they mean for local buyers and sellers. 📉 Jerome Powell Holds the Line: The Fed Chair reaffirmed there would be no rate cuts just yet. But what’s really keeping mortgage rates high? The media may say it’s Powell—but we dive into the real issue few are talking about. 💸 Mortgage Spread Stays Historically Wide: The gap between the 10-year Treasury and 30-year mortgage rates remains stubbornly large. We explain what’s causing it—and how it's impacting affordability in Central Florida. 🏠 Sellers Are Slashing Prices in Orlando: More homeowners are underwater or walking away from listings. We discuss why this is happening, which areas are seeing the most markdowns, and  ...