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• 01/05/2024

Mumbai led in transactions, reflecting a development in path of opulent dwelling areas. Play a key function in the housing market, because mortgage charges immediately impression the price of borrowing for a homebuyer. When mortgage rates move larger, month-to-month mortgage payments go up, which can limit how a lot home a homebuyer can afford in their month-to-month budget and the way much they’ll get preapproved to borrow from a mortgage lender. When rates move up, this stifles homebuyer demand, which finally ends up in a slowdown in the housing market and home sales.

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Millennials have eclipsed baby boomers to turn into the most important group of home buyers, marking a major shift in housing market demographics. UP police connected properties worth Rs 113 crore of jailed politician Vijay Mishra, including real estate in Delhi and Prayagraj acquired through …