Vacation-Home Mortgages Tick Up For First Time Since Pandemic Boom
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgages account for just 3% of all home loans. Second-home purchases are rising because affluent buyers are fairly active in today’s housing market; additionally, demand dropped […]