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Mortgage Applications on the Rise

Mortgage applications to purchase a home rose recently and were 7% higher than a year ago. Purchase applications reached their highest level since April 2010. While total mortgage application volume decreased 3.5% during the same time, according to the Mortgage Bankers Association’s seasonally adjusted index, overall volume was 14% higher than a year ago. Purchase …

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Home Buying and Millennials

Totaling more than 80 million individuals, millennials represent the largest generation in the U.S. By 2025, they will claim three-quarters of all jobs. Also considered the best educated, 35% of 25 to 29-year-olds hold a degree, while at the same time carry some of the highest debt levels due to student loans and credit card …

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