LAGUNA BEACH, CA—During the 20th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing in Laguna Beach, CA, interest rate discussion took center stage on Wednesday morning. Panelists expressed the view that rates are likely to decrease in the upcoming year.

Charlie Woo, President of Fidelity Bancorp Funding, highlighted the complexity of considering various factors beyond just Fed rates and interest rates. He emphasized the importance of understanding the dynamics of what banks are planning.

According to Woo, the interplay between interest rates, supply and demand, and capital in the space is crucial. Regardless of whether inflation is tamed or not, Woo suggested that the historical interest rate average of 4% is no longer the norm. The new normal is expected to align more closely with today's rates. Woo emphasized the need to reset the mindset and expectations of borrowers.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel,, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including and Museums New York magazine.