The latest statistics showed that mortgage rates remained unchanged last week; however, the demand for loans continued to rise. As experts note, the stability of mortgage rates may contribute to stimulating the growth of the real estate market and an increase in demand for mortgage loans. At the same time, specialists warn that an increase in demand for residential loans at unchanged mortgage rates may lead to a housing shortage and an increase in real estate prices in the future. "We observe a sustainable increase in the demand for mortgage loans, which can have both positive and negative consequences for the real estate market. It is important to balance mortgage rates and demand for loans to maintain stability in the market," - emphasized the financial analyst.
