Global mortgage markets face new challenges in the current pandemic situation. Profitability and liquidity of mortgage lenders are deeply affected by default rates, repayment schedules, and changes in originations, as residential mortgages have more impact on their balance sheet
With rising rates and slowing origination volumes, 2023 was a difficult year for the mortgage industry. So, what are the housing market predictions for the next 12 months, and how can mortgage providers prepare? Uncover key takeaways and get a glimpse of what lies ahead in the dynamic landscape of mortgage markets.
Read this blog: https://nexval.com/the-2023-mortgage-market-recap-what-we-learned-and-what-to-expect/