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What Is an Escalation Clause in Real Estate and Should You Include One?

HomeLight

Escalation clauses were especially popular from mid-2020 to mid-2022 when low interest rates and the pandemic’s emphasis on home drove housing demand through the roof. Even though, as of this writing, mortgage interest rates are at 6.4% Since then, they’ve become less prevalent but are still fairly common.

Finance 94
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money. Amortization.