Despite speculation about the state of the housing market, the number of Americans that a purchasing a home has continued to rise in the fourth quarter of 2019. Even in the face of low inventory and a shortage in entry level homes, the rate of homeowners continues to increase. Americans are finding a way to pursue the dream of home ownership. This increasing rate will have considerable financial implications for this and the next generation.
If you’re considering purchasing a home, find out about your home loan options. Contact a mortgage specialist at Arch Capital, Inc. to get started today.