Mortgage Rates Hover as Millennials Move to Homeownership

Despite the trends, recent studies show that millennials are ready to take the next step and become first-time homebuyers, with 74% planning to move within the next five years. That’s why Freedom Mortgage has prepared this guide to help you prepare for buying your first home.

Another learning experience came in the form of the audience for Rocket Mortgage. While it was anticipated-and has come to bear-that millennials would comprise. increasing homeownership. “With.

Mortgage interest rates continue to hover near all-time lows and well below. That’s been particularly true among millennials who have been late to homeownership but are helping drive home sales now.

Demographics are highly favorable, but millennials haven. and negative attitudes towards homeownership are key constraints that are unlikely to abate in the near term. There is fear that a.