Tag Archives: Millennials

The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.

There are two factors keeping millennials out of the housing market: rising home prices and a lack of affordable, newly constructed homes for sale.

The millennial generation has been dubbed the generation that is not interested in purchasing a home, whether it be due to renting, living with their parents, or because they are saddled with student loan debt.

Despite popular beliefs, the millennial generation will eventually want to transition from their fast-paced, renter lifestyle into a single-family home with a mortgage, but the real surprise is where these young homebuyers are choosing to settle down.

The American Dream is the idea that every U.S. citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative, but there are some that associate this dream with owning a home.

Rising property values are making more homeowners more optimistic about renovating their homes, and Millennial homeowners in particular favor using HELOCs to help them finance their designs, a new study by TD Bank showed.

Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?

Low credit scores and high student debt are two major obstacles millennials face when applying for a mortgage, but this hopeful generation still dreams of homeownership . . . and some are achieving that dream.

Lenders must reach out to meet their future millennial clients in their own environment—online. Editor's note: This select print feature appears in the January 2016 edition of MReport magazine, available now.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Monica Orluk, Director, Sales Engineering at Fiserv Lending Solutions advises lenders on how they can attract younger homebuyers with two simple methods.