...mortgage payment, making them less likely to be able to make their mortgage. This unique idea is another way to assist millennials, who have openly said they are interested in...
Read More »Search Results for: millennials
Buy-Buy, Summer: Will Homebuying Trends Continue?
...loan. On the whole, millennials were most likely to close loans for the purpose of purchasing a home (87 percent). Refinances made up 12 percent of loans closed by millennials...
Read More »Homebuilder Paying Off Student Debt to Spur Homeownership
Many in the housing industry have scratched their heads when it comes to figuring out whether millennials are interested in homeownership and, if so, how to get them into the...
Read More »The Truth Behind Down Payments
...off, as 23 percent of millennials think you need to put more than 20 percent down. “It’s hard to say whether this means millennials are savvy or confused about down...
Read More »A Helping Hand to Achieve Homeownership
...rates. Among millennials, almost two in three reported their families helping them with at least half of the upfront costs of homeownership. “Hispanics and non college graduates, whose homeownership rates...
Read More »Millennials Over-Extending When it Comes to Home Buying
According to the Zillow Group Report, millennials were the generation with the largest contribution to the housing market, injecting an estimated $514 billion into the industry, despite conditions adverse conditions...
Read More »Mortgage Roundtable: Inventory Woes, Part 3
...we're going to have a bigger situation in the future. McDuffie: I know one of the things in talking to some of the folks in the industry, especially with millennials,...
Read More »Mortgage Industry Roundtable: Inventory Woes, Part 2
...what's moving down. Millennials are coming in at the same time, so you're having similar competition for those smaller homes and. You've got two huge groups competing in the same...
Read More »What Are the Biggest Barriers to Homeownership?
...respondents thought that having the consistency of a home allowed for more capitol to spend on healthier food, and resulted in less doctor visits. The report also details that millennials,...
Read More »Mortgage Industry Roundtable: Inventory Woes
...tougher for customers to be able to buy homes. Then last is population—with the millennials starting to enter the marketplace and with strong economic growth, these two factors have caused...
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