...millennials dropped to 723 in November 2017 from 725 in the year-ago period even as some lenders were making it easier to get a home loan by lowering their FICO...
Read More »Search Results for: millennials
Top 5 Housing Predictions for 2018
...purchase. Getting ahead of these questions and demands will become table stakes in the advancement of housing financial technology. Millennials May Continue to Prolong Homeownership Americans—including millennials—want to own homes;...
Read More »Does Mortgage Loan Officer Age Impact Borrower Confidence?
A report released on Thursday from mortgage industry consultant STRATMOR Group debunks the myth that loan officers (LO) are too old to meet the needs of the younger borrowers—millennials in...
Read More »Anticipating Tomorrow
...the upcoming year. As a demographic cohort, millennials are far more educated about consumer choices than prior generations, seeking more education about loan products and the loan process. According to...
Read More »What’s Keeping Millennials From Buying a House?
...were also holding millennials back from owning a home, the survey found. The down payment—rather than the monthly mortgage—was one of the top reasons cited by millennials for not buying...
Read More »How Single Family Rental Market Is Impacting Home Sales
...are millennials. As the largest group of buyers in the market today, this group is enhancing buyers competition for more affordable entry-level homes. However, the report notes that over the...
Read More »Perceived Barriers Keep Many From Owning a Home
...84 percent of the millennials surveyed felt the homebuying process was complicated. The average millennial also thought the minimum down payment to buy a home was 21 percent and 70...
Read More »Consumer Survey: 2018 Is a Prime Time for Selling
...of home prices on the coasts, a higher demand for homes in the Midwest and South, more millennials joining the market, and a higher homeownership rate overall. See the full...
Read More »Not a One-Size-Fits-All Market
...the disconnect with millennials. Millennials don't have the benefit of living through multiple housing cycles the way their parents did. They've only lived through this one, and as they were...
Read More »Gig Economy: The New Homebuyers?
...years old—or millennials. As an expanding part of the workforce, they are mainly defined as college educated at 66 percent, full-time employed at 83 percent, and simply use gig economy...
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