More Than 4 In 10 Millennials Refinanced In The Past Year

Millennials

More than four in 10 millennials refinanced their mortgage in the past year, according to a report from LendingTree. Record-low mortgage rates fueled the number of refinances which nearly doubled the overall average. During the pandemic, 26% of homeowners refinanced their mortgage, according to the report. Additionally, LendingTree reported that millennials were more likely than any other…

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NEWS: Lower Rates Spur Millennial Mortgage Activity

MBA NewsLink Staff June 7, 2019 Ellie Mae, Pleasanton, Calif., said across-the-board declines in mortgage interest rates and more favorable housing market conditions sparked an increase in Millennial mortgage activity in April. The company’s monthly Millennial Tracker said lower interest rates spurred an increase in refinance loans from Millennials looking to take advantage of lower rates.…

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NEWS: 22% of Millennials Still Live with Parents

MBA NewsLink Staff May 10, 2018 More people age 23-37 are living with their parents than at any time this century, said Zillow Inc., Seattle. Nearly 22% of American millennials–more than 14 million in total–live with a parent or both parents, the highest share for this age group since at least 2000. Zillow said the share…

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