Published on 25 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will be navigating through the 11 tips to get approved for a mortgage. If you wish to skip our detailed analysis, you can move directly to the 5 Tips to Get Approved for a Mortgage.
The Global Mortgage Market
According to a report by Allied Market Research, the global mortgage lending market was valued at $11.48 trillion in 2021 and is expected to reach $27.5 trillion by 2031, at a compound annual growth rate of 9.5% from 2022 to 2031. Region-wise, North America dominates the market and is home to the largest mortgage lenders globally.