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Tag Archives: Millennials

Which States Are Best for Millennials?

Determining the best states for millennials to live in is not as straightforward as it might at first seem, but signs do point toward the upper Midwest. So says a new report from WalletHub that looks at where being a ...

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Fewer Renters Planning to Buy a Home

Amid heightened concern for housing affordability and overall rental satisfaction, renting has become increasingly favored among some segments of the population in the United States. Among renters, 67 percent say they believe renting is currently more affordable than owning a ...

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Chase Expands Reward Points for New Mortgages

The New York-based Chase has launched an offer for select Chase cardmembers to earn between 25,000 and 75,000 Ultimate Rewards points or MileagePlus miles when purchasing a home with Chase. Following an enthusiastic response from Sapphire customers last year, eligible ...

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How Homebuying Millennials Must Adapt

By Scott Morgan According to a new survey by Realtor.com, millennial buyers are, more than older buyers, having to adjust what they're looking for in a home. The report states that crushing student debt and smaller down payments are combining to ...

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Millennials vs. Interest Rates

Even with interest rates going up, millennials are still taking out loans for new homes, according to Ellie Mae. The Ellie Mae Millennial Tracker found that 83 percent of mortgage loans made to millennial buyers were for new home purchases, ...

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Improving the HELOC Experience

Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of Credit Satisfaction Study by research and rating firm J.D. Power. The study ...

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Millennials Spend Nearly $100,000 on Rent by Age 30

Forty-five percent. That’s the percentage of an average millennial’s income that they’ll spend on rent between the ages of 22 and 30, according to a new study by RENTCafé. That definitely sounds like a lot—as does the $92,600 total amount ...

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Home Bidding Sight-Unseen?

An increasing number of homebuyers are making offers for homes without first seeing them in person, according to an analysis by online brokers Redfin. The study, which surveyed 1503 respondents who purchased a home in the last one year in November and ...

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