The current and future state of the U.S. mortgage industry
The mortgage scene can be a complex one. During normal times, consumers find themselves with a lot of questions that need to be answered in order to make an informed decision on one of the biggest milestones in their lifetimes.
And that’s during normal times.
Of course, the times in which we find ourselves now can be categorized as anything but. More variables are at play with the current health crisis, and as a result, questions have materialized around the mortgage scene, what has changed, what is the current and future situation with interest rates, what to keep in mind when considering refinancing, and other topics that could alter consumer decisions drastically.