[Latest] Global Refinancing Market Size/Share Worth USD

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The Business Research Company’s Mortgage Lender Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Mortgage Lender Global Market Report 2023 evaluates mortgage lender market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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https://www.thebusinessresearchcompany.com/sample_request?id=12645&type=smp

The mortgage lender market is expected to grow from $902.38 billion in 2022 to $1,024.50 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The mortgage lender market is expected to reach $1,615.97 billion in 2027 at a CAGR of 12.1%.

The increasing demand for housing is expected to propel the growth of the mortgage lender market going forward. Housing refers to the structure or section of a building that is used for residential or commercial purposes. Mortgage lenders are beneficial for housing as they provide borrowers with capital, flexible payment alternatives, financing for a long time, low-interest rates, and counseling throughout the home purchase process. For instance, in June 2023, according to the U.S. Census Bureau, a US-based government agency, and the U.S. Department of Housing and Urban Development, a US-based government administration, sales of new single-family dwellings were at a seasonally adjusted annual rate of 763,000 in May 2023, which is 12.2% more than the adjusted April rate of 680,000 and 20.0% higher than the May 2022 estimate of 636,000. Therefore, the increasing demand for housing is driving the mortgage lender market.

Get More Information On The Mortgage Lender Market Report:

https://www.thebusinessresearchcompany.com/report/mortgage-lender-global-market-report

The mortgage lender market segments in the report are:

1) By Type: Residential, Commercial Estate

2) By Provider: Banks, Credit Unions, Mortgage Brokers

3) By Mortgage Rate: Fixed-Rate, Adjustable-Rate

4) By Repayment Period: Short-Term, Long-Term

5) By Application: New House, Second-Hand House

 

The table of contents in TBRC’s mortgage lender market report includes:

  1. Executive Summary
  2. Mortgage Lender Market Characteristics
  3. Mortgage Lender Market Trends And Strategies
  4. Mortgage Lender Market – Macro Economic Scenario
  5. Mortgage Lender Market Segmentation

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  1. Global Mortgage Lender Market Competitive Benchmarking
  2. Global Mortgage Lender Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Mortgage Lender Market
  4. Mortgage Lender Market Future Outlook and Potential Analysis
  5. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

 

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The Business Research Company
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