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Why Have Interest Rates Dropped?

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Join Gregg Cohen and Pablo Gonzalez on the Not Your Average Investor Show as they delve into breaking news about decreasing interest rates and their profound implications for real estate investment in Jacksonville, FL. Despite no change in the Fed funds rate, mortgage rates have plummeted, presenting a unique window of opportunity for investors. Discover the indirect relationship between Fed funds rate and long-term interest rates, and learn how savvy investors can capitalize on this market shift to maximize returns on investment. Tune in for expert insights and actionable strategies!

Time Stamps:

0:00 - Introduction to breaking news: Interest rates dropping despite no change in Fed funds rate

0:45 - Understanding the Fed's control over interest rates and its impact on mortgage rates

1:28 - Significant decrease in average interest rates for 30-year fixed-rate mortgages

2:15 - Exploring the relationship between Fed funds rate and long-term interest rates

2:55 - Analyzing the graph of interest rate fluctuations over the past year

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