BLOOMBERG: The Economy Boomed In 2024, But It's Starting To Crack...

"A lot of people are expecting unemployment to go up even more."

"The FED has kind of hinted is that they don't want to be as aggressive with interest rate Cuts in 2025."

"The concern is that mortgage rates are not going to fall as aggressively in 2025 especially if the Federal Reserve Bank is not going to be as aggressive with cutting interest rates which means if mortgage rates don't fall housing might stay expensive we might not see 4% mortgage rates anytime in the near future."

"It looks like we will hopefully see more inventory on the housing market in 2025."

"Don't expect 4% mortgage rates anytime soon unless something drastic happens."

"Expect less interest rate Cuts in 2025 because apparently inflation is still a problem."