Mortgage Rates Will Come Down, It’s Just a Matter of Time

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for […]

Coffee Talk with The Zahn Group: June 2022

Welcome to the first episode of Coffee Talk with The Zahn Group. We discuss what is going on in the real estate market and what our clients can expect when buying or selling a property. This month we talk about: * Interest Rates* Housing Inventory* What buyers and sellers are encountering* What the prospect of […]

How Today’s Mortgage Rates Impact Your Home Purchase

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does […]