Posts Tagged: Millennials

Millennials Largest Group of Home Buyers

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First-time home buyers are on the rise this year, and according to new data from the National Association of Realtors Home Buyer and Seller Generational Trends report, millennials are the largest group of home buyers. The study found that 32 percent of all buyers are 34 and younger, part of the millennial generation. This is… Read more »

First-Time Home Buyers on the Rise in 2015

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Since interest rates have dropped to around 4 percent and Federal Housing Administration (FHA) premium mortgage insurance dropped from 1.35 percent to 0.85 percent, there has been a surge in mortgage loan applications. And, according to the Mortgage Bankers Association (MBA) there has been growth in first-time home buyer activity. Due to the FHA mortgage… Read more »