United States Home Loan Market to be Dominated by Home Purchase Segment
Increasing homeownership in the United States and the growth of non-bank lenders will fuel the development of the United States home loan market through 2028. According to TechSci Research report, “ United States Home Loan Market – By Region, Competition , Forecast & Opportunities, 2028F ”, The United States home loan market is anticipated to project robust growth in the forecast period due to attractive marketing strategies, rise in the number of homeowners, increasing online portals, and increasing support from chatbots. For most customers, owning a home is one of the most important goals, but is also expensive. Giving such a dream life demands a lot of work on the buyer's part, and the only way to fit the home into their budget is by taking a home loan. A home loan can be used to purchase a new home or apartment, the land on which to build it, or even for home renovations, additions, and repairs. A home loan is a money borrowed by a person from a financial...