08/01/2025
• Mortgage rates remain in a well‑defined high‑6 % band, limited by sustained inflation and Fed caution.
• The Federal Reserve is effectively “holding rates hostage” until inflation proves it’s trending back toward 2 %—despite political pressure to cut now.
• Tariffs are a key inflation driver in 2025, especially for goods prices, with some forecasts projecting up to +1 % or more of inflation contribution.
• In Florida, moderate price softening and rising inventory suggest a buyer-favorable window, but mortgages still carry higher rates than a year ago and demand remains cautious.
• The outlook for late‑2025 suggests rate declines, but only gradually—and the impact of tariffs on inflation remains uncertain.
