Tag Archives: National Homeownership Month

While millennials prevail as the largest generation in U.S. history, a new study from First American revealed some 51% of them are homeowners. At age 41, the millennial homeownership rate is 62%, closely following Gen X at 64%, significantly narrowing the homeownership gap over the past decade.

According to Chase’s latest First-Time Homebuyer Study, new data revealed that confidence levels remain high among buyers, with 44% of respondents indicating they are confident they’ll be financially ready to purchase in the coming year.

As June recognizes National Homeownership Month, Chris Garagusi of Enact details ways that lenders can help borrowers find their way in a challenging and confusing housing market.

As the industry continues to make major headway on the D&I front, American Mortgage Diversity Council Chair Tai Christensen shares her perspective as the nation celebrates the importance of Juneteenth.

A new survey from Regions Bank has found that more are willing to invest in upgrading their current residence and tap into their equity over finding a new home or selling.

A new policy change by the FHA will assist borrowers with student loan debt in their quest for homeownership.

The President dedicated the month to raising awareness of housing equality, as well as the elimination of barriers to affordable homeownership.

With National Homeownership Month well underway, new research from Bankrate.com found that Arizona hosts three metro areas in the top ten cities for senior citizens to retire, while New York hosts some of the worst areas to retire. Phoenix, Arizona was named as the best place to retire, while New York City was named the worst city to retire.

Churchill Mortgage recently announced the new hiring of 15 industry professionals across its California, Michigan, Tennessee, Texas, and Virginia branches. The company’s latest additions are an effort to be prepared for National Homeownership Month in June and to support continued growth through the summer months.

Housing affordability is up nationwide due to low interest rates and home prices as National Homeownership Month begins in June, according to a recent release from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Opportunity Index released in mid-May reports that about two-thirds of new and existing homes sold in the first quarter of 2015 were affordable to families that earned $65,800, which is the U.S. median yearly income.