concession mortgage - MARKETING
U.S. home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs, high mortgage rates and growing economic uncertainty continued to ... Prospective homebuyers can snag some pretty good deals on houses right now.
Understanding the Context
Sellers are giving concessions to attract buyers amid high mortgage rates and economic uncertainty. Here are the top 10 ... Concession carries two very distinct meanings in English. It is commonly used to indicate something that has been conceded (as when the politician who loses a race gives a concession speech, or when someone makes a concession in an argument).
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CONCESSION definition: the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument. See examples of concession used in a sentence. CONCESSION definition: 1. something that is allowed or given up, often in order to end a disagreement, or the act of…. Learn more.
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Definition of concession noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. If you make a concession to someone, you agree to let them do or have something, especially in order to end an argument or conflict. The King made major concessions to end the confrontation with his people. concession is one of the 5,000 most common words in modern written English. It is similar in frequency to words like breathing, contractor, instant, meter, and scream.