Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Homeowners Prefer Mortgage Payments to Renting: BofA

Wednesday, Sep 11 2019
Lending
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According to a recent Bank of America survey, 93% of U.S. homeowners indicate that they feel happier owning than renting. So reports Builder Online.

In fact, 83% of respondents said wouldn’t reconsider renting, and 88% said buying a home was the best decision of their lives. Survey respondents were more likely to credit the emotional value of homeownership than the financial benefits.

Read the full article from Builder Online.

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