REALTORMag
Older millennials are twice as likely as baby boomers to take out a home equity loan, according to a new survey commissioned by Discover Home Equity Loans of nearly 1,500 people.
Of the 64 percent of older millennials (ages 30 to 34) surveyed who own a home, 51 percent have used a home equity loan compared to 26 percent of baby boomer home owners, the survey revealed.