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A new study has found that 96% of millennials cite high interest rates as impacting their homebuying plans, and 70% cite inflation as a hindrance.
Read More »Report: Mortgage Rates Remain Major Barrier to Millennial Homeownership
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Debt, Inflation Keeping Millennials Out of Purchase Market
With 80% of millennial homebuyers in debt, a new study from Real Estate Witch revealed more than 90% cited inflation as impacting their homebuying plans, as many remain unable to afford downpayments and mortgage payments.
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