Jon Hill

Q: I see the projections there for expected interest rates the remainder of the year, how much longer do you see rates holding here before price correction is forced to happen due to financials of the local buyers?

We’re already seeing some of that adjustment through longer days on market, more negotiation, seller concessions, and buyers becoming increasingly payment conscious. If mortgage rates remain in the mid-6% range or higher for an extended period, I would expect that pressure to continue, particularly in areas like Florida where INSURANCE, taxes, and other ownership costs are also elevated.

@jonhill

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NorthLend Financial powered by Cornerstone First Mortgage

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2550 University Ave W, Suite 210-NSaint Paul, MN 55114

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About Jon

I believe technology should amplify human expertise, not replace it. As a mortgage advisor and managing partner, I'm passionate about using AI, automation, and innovative technology to create better experiences for clients and partners. I'm always exploring new tools to improve communication, marketing, and productivity while staying focused on what matters most: trust, relationships, and personalized service.

NorthLend Financial powered by Cornerstone First Mortgage: Branch Manager
Website: northlendmortgage.com
Member since: July 2026

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Ryan J. Speltz• 3 months agoRe:Mortgage Rates 2026: How Interest Impacts Florida Home Sales

I see the projections there for expected interest rates the remainder of the year, how much longer do you see rates holding here before price correction is forced to happen due to financials of the local buyers?

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