They bought homes with big dreams, and even bigger mortgage payments, hoping to refinance once rates dropped. But with interest rates still hovering near 6%, real relief hasn’t arrived.
When Eddie Capote and Beatriz Lora bought their first home together in Miami in 2023, interest rates were climbing, but so was their dream of finding a place to start a family.
“It was a full rehab project for the both of us, but now I think we’ve little by little we’ve started to make it more beautiful as the months go by,” Lora said…