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Increased Demand for Homeownership

Buy Versus Rent

The pandemic has caused a shift in the priorities of many people, with many opting to buy homes instead of rent. This has led to increased demand for homeownership, and the mortgage industry has had to adapt to meet this demand. Lenders have been offering more flexible loan options, such as low down payment loans, to make homeownership more accessible to a wider range of borrowers.

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