factors that affect the demand for mortgages?

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  • 1 decade ago
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    Qoute:

    Demand factors include jobs, income levels and payments relative to rents.

    end qoute

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  • 1 decade ago

    You are likely to see a surge in the demand for refinancing due to the types of loans written over the past 5 years and that many are now adjusting and are out of their prepay penalty period. Many people will consider fixed rates on refi's which will mean a higher rates but more dependable payments. With world events and upcoming elections people are finally becoming cautious about the future which will also slow spending thus impacting inflation.

    Interest rates are predicted to drop slightly up until right before the election then they will most likely rise again due to uncertainty and then due to inflation that we will continue to experience.

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  • Anonymous
    1 decade ago
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  • 1 decade ago

    yes.

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