Home Buying
How Does the Real Estate Cycle Affect Mortgage Applications and Closing
How Does the Real Estate Cycle Affect Mortgage Applications and Closing? It's crucial for both buyers and sellers to grasp how the real estate cycle intersects with the mortgage process to navigate successfully.
The real estate market behaves much like a living organism, constantly transitioning through phases of growth, stability, decline, and recovery. This ongoing evolution not only impacts property prices and availability but also significantly influences mortgage applications and closings in the United States. It's crucial for both buyers and sellers ...
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