...it has since 2015. FHA loans for millennials have meanwhile fallen 5 percent, whereas VA loans for millennials haven’t budged from 2 percent overall; 3 percent of all home loans...
Read More »Search Results for: millennials
The Top Cities for Millennials to Buy a Home
As more millennials look at entering the housing market, Arch MI's latest quarterly Housing and Mortgage Market Review (HaMMR) has listed the 25 most affordable cities with a strong labor...
Read More »Going Online: How Borrowers are Connecting With Lenders
...the 35-54 age group) comprising the largest group of survey respondents at 43 percent, followed by millennials at 29 percent. Baby boomers consisted of 28 percent of the people surveyed....
Read More »Addressing the Question of Home Affordability
...home dropped in Michigan more than in any other state, down to 40 percent in 2016 from just over half in 2000. The homeownership rate for millennials was 37.5 percent...
Read More »Bridging the Generational Divide
...aisle in startup land and this article sounds like it may take a predictive turn. “Startup youngster wants to disrupt the mortgage industry!” “Baby boomers are out, millennials are in!”...
Read More »Where Millennials are Dominating the Market
According to Realtor.com’s latest Hottest ZIP Codes in America Report, millennials are the driving force behind some the the country’s “hottest” markets. According to the report, high-income millennials are helping...
Read More »How Student Loans are Holding Back Homebuying
...college debt most or all of the time. Student loan debt makes up 42 percent of all consumer debt, surpassing $1.5 trillion as of Q2 2018. Millennials are shouldering most...
Read More »Housing Inventory and Increasing Construction
...single-family home construction, millennials will continue to lag behind other generations in their ownership rate and experience a delay in the wealth building that comes from homeownership.” With increases in...
Read More »Builders Report Firm Demand Despite Affordability Concerns
...single-family homes., indicating more builders view conditions as good than poor. “Despite rising affordability concerns, builders continue to report firm demand for housing, especially as millennials and other newcomers enter...
Read More »What’s Driving A New Generation of Homebuyers?
...of the millennials and Gen Z alike are still renters, with student debt holding many millennials back from saving for a down payment. Gen Z is still set to become...
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