Homebuyers say they are willing to accept longer mortgage terms
Housing Wire
FEBRUARY 11, 2025
High interest rates and home prices are causing some prospective homebuyers to avoid applying for a mortgage. But despite this trend, some buyers are willing to adjust their loan term expectations to achieve homeownership, according to a recent report by real estate technology company REsimpli. REsimpli questioned 1,200 respondents who had plans to buy or upgrade a home this year.
Let's personalize your content