November 24, 2024 3:58 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Not only are millennials buying homes, they’re refinancing

screen-shot-2016-11-05-at-3-38-42-pmBy Brena Swanson | HousingWire

Quelling rumors that millennials don’t want to buy homes, a new report from Ellie Mae shows that they’re not only buying homes, they’re even to the point they want to refinance.

The overall number may still be small, but it’s growing. According to the latest Ellie Mae Millennial Tracker report, refinances by millennial borrowers accounted for 20% of all closed loans in September, up from 17% of all closed loans in August.

Now compared to all of Ellie Mae’s loans, regardless of age, the data showed that 54% of closed loans were purchases and 45% were refinances.

Continued:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

November 2016
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.