What Are Mortgage Benefits?

Your employees are facing more challenges than ever for basic housing stability.

Home prices have risen significantly, with the median home price increasing by over 54% since 2019.
Mortgage rates have been high, averaging close to 7% for much of 2024.
The combination of high prices and rates has made monthly mortgage payments much less affordable.
There is a severe shortage of affordable housing supply, estimated between 1.5 to 5.5 million units short of what's needed.
Limited availability of starter homes has created a very competitive market
The wealth gap between young homeowners and renters has increased over the past 10 years.
Disparities in inheritances and family assistance for down payments are exacerbating the divide.
High student loan debt makes it more difficult for many young people to save for a down payment.

Offering your employees mortgage-matching as a benefit through Nestbuilder helps you build a culture of safety and care, an attractive feature in attracting and retaining top talent.