The percentage of adults who became homeowners by age 30 for millennials is under 30%, but for the first time, more than half of first-time buyers are millennials.
Read More »Mortgage Apps Rise, as Affordability Concerns Linger
A rise in rates over the last week did not stop the charge of conventional purchase applications, as prospective buyers locked in rate before even more drastic increases.
Read More »Refinances, Renovations Expected to Increase in 2022
Some 72% of homeowners are considering renovations or upgrades to their home, and 37% are seeking to apply for home refinance. A new report digs into what generational cohorts are planning and prioritizing when it comes to housing.
Read More »Crypto Grows in Popularity to Fund Down Payments
Millennials own more crypto than other generation, and many are cashing in on the virtual currency as a means to pay for a down payment on their new home.
Read More »Mortgage Customers Still Prefer a Personalized Approach
The right mix of tech and a human touch was found to appease the majority of consumers in a new poll evaluating U.S. mortgage companies.
Read More »Where Does Gen Z Stand on Homeownership?
Despite a generally positive outlook on homeownership, it’s not a goal that many Gen Z renters are actively working toward. Here’s how many say that it’s currently their top financial priority.
Read More »Fannie Mae Opens the Door for Renters to Become Homeowners
New underwriting changes will allow the GSE to incorporate consistent rent payment history in evaluating credit to qualify more borrowers for mortgages.
Read More »Additional Space Spurs Homebuying Decisions
A new ServiceLink report analyzed homebuying trends over the past year, finding that the desire for more space to work remotely was a primary driver for most seeking a new home.
Read More »Homeowners vs. Renters: Population Trends Across America
Last year, the population of American renters fell to 109 million after peaking around 2015 at 111 million. Meanwhile, the population of American homeowners has been on the ...
Read More »Generation Z: The Next Up-in-Coming Buyers
As the first batch of Generation Z comes of age and enters adulthood, MReport talks with Tri Nguyen, Founder and CEO of Network Capital Funding about this new population of buyers. What’s up with Gen Z? Find out in this exclusive Q&A.
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