Buy Now or Wait? How Falling Mortgage Rates Could Impact Miami’s Luxury Market
August 20, 2025
Mortgage rates may be poised to shift, and even a small move can reshape Miami’s luxury market. A half-point drop in rates doesn’t just increase affordability, it triggers measurable jumps in demand, faster absorption of quality inventory, and renewed urgency at every price point. For buyers and sellers alike, understanding how these shifts ripple through Miami’s neighborhoods is key to making the right move today. How Much More Can You Afford if Mortgage Rates Drop 0.5%? On average, every 0.5% drop in mortgage rates boosts [...]