Ellie Mae, Pleasanton, Calif., said refinance activity reached a record high in March for millennial borrowers as interest rates plummeted.
Tag: Joe Tyrrell
Ellie Mae: Older Millennials Drive February Refinance Surge
Older Millennials—and yes, there is such a thing—took advantage of near record-low interest to spark a surge in refinancings, according to the Millennial Tracker report from Ellie Mae, Pleasanton, Calif.
Ellie Mae: Millennial Refinance Activity on the Rise as Interest Rates Drop
Ellie Mae, Pleasanton, Calif., said plunging interest rates sparked a jump in refinances among Millennial homeowners.
Gen Z Displays Strong Appetite for Credit; Millennials Refinance Less (For Now)
TransUnion, Chicago, said Generation Z consumers—those born in or after 1995—are actively seeking credit despite many of them growing up during severe economic recessions in their respective global markets.
Millennial Reports: Refi Activity Slows; Homeownership Barriers Persist
Reports from Ellie Mae, Pleasanton, Calif., and Clever Real Estate show millennials continue to struggle in the housing market.
Millennial Refinance Activity Hits 2019 Peak; Home Prices Growth Fastest in 6 Years
Ellie Mae, Pleasanton, Calif., said the share of refinances closed by millennials in October increased to a new high as interest rates on 30-year loans fell.
Ellie Mae: Millennial Home Refinance Boom at 3-Year High
Ellie Mae, Pleasanton, Calif., said Millennials closed 33% of all mortgage refinances in September, the largest such share since it began tracking data in January 2016.