How Will the Current Economic Slow-down and Inflation Impact the Housing Market in Columbus? With the current state of the economy, increasing numbers of Americans are becoming more concerned about the possibility of a recession. Consequently, those concerns were substantiated when the Federal Reserve stated that they made a commitment to reduce inflation. But, in order to do that, they’d have to utilize their influence and tools to slow the economy down. This has triggered many fears and questions regarding the impact it’s going to have on businesses, the job market, and our lives overall. One of the largest concerns is the way in which the housing market will be affected. We’re familiar with how economic slow-downs have affected housing prices in years gone by, but how is the current slow-down affecting the real estate industry and the cost to finance a home purchase. Concerns regarding a recession among the majority of Americans are increasing. As the economy continues slowing down, history has shown us that this would lead to lower mortgage rates for those individuals who are looking to purchase or refinance a home. Although we really have no idea what the future holds, making a well-informed decision is easier when you work with trusted professionals including a realtor and mortgage broker or lender. https://maps.google.com/?cid=14294939209836226766