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Tag Archives: Millennial

Millennial Homebuyers vs Rising Rates

millennial rates

A new report found that millennials are not shying away from the housing market despite rising interest rates. But how are they impacting the loan values of these homebuyers? Click through to learn more.

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Millennials: Financial Independence a Priority

Though previously labeled as entitled, millennials have high expectations when it comes to being independent. A study revealed that millennials think people should be financially self sufficient at a younger age than older generations do. This hints to a promising future in the housing market.

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Evolving to Serve the Millennial Homebuyer

Outside of pockets of extreme growth such as Silicon Valley, today’s consumers seem to be holding onto their money rather than putting it into a home. In response, the mortgage industry must evolve to reach the first-time homebuyer, and understanding millennials is the key.

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Home Improvement Projects on the Rise

Owners in Generation X are willing to spend more on home renovations compared to any other generation at 72 percent—learn where HELOS and renovation loans stand among homeowner options to pay for these projects.

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Making Homeownership a Reality for the Millennial Generation

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Jeannie Smith, Loan Officer and VP of Sales at Guardian Mortgage discusses opening the credit box for millennials, and how this will help the mortgage industry move more millennials from renters to homeowners.

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