The latest numbers show that millennials are driving the mortgage refinance boom. Stay in the know with our market updates and don't miss out on this great opportunity.
Millennials drive mortgage refinance boom, and lenders are scrambling
"Refinance applications were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. [...] Millennials were especially reactive to the rate drop. In June 2018, just 8% of millennial mortgage applications were to refinance; the rest were to buy a home. This June that jumped to 14%, according to Ellie Mae."
