1 in 6 homeowners feel pressured into quick mortgage decisions in a fast-paced market with 15-day deal durations.

1 in 6 homeowners feel pressured into making quick mortgage decisions as the mortgage market moves at a fast pace with an average 15-day deal duration. Many spend more time choosing items like air fryers and coffee machines due to the stress and potential strain on brokers' relationships caused by the rapid market. Smart Money People recorded 6,000 mortgage products in March 2024, the largest number in 16 years.

June 19, 2024
5 Articles