Rate-cut headlines don’t pay your mortgage—payments do. In this week’s Orlando Real Estate Market Update, I break down what actually moves your quote (the 10-Year + mortgage spread), how to structure refi-smart purchases (par vs. points vs. 2/1 buydown), and why HOA health (reserves, assessments, insurance) can make or break condo/townhome deals. We’ll hit current prices & inventory across Orlando, where opportunities show up first (30–45 DOM, builder incentives, fresh price drops), and the investor plays that still pencil if you underwrite like an adult.