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“Gen Z may soon account for a larger share of mortgage loan growth, however, as the median age of home buyers is 28 and the.
Frank Nothaft, chief economist at CoreLogic, said there’s a combination of factors driving the improvement in mortgage performance, but Nothaft cautions that the news is not universally good. “Thanks.
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Experts say the unaffordable housing market is keeping millennials at home, rather than a failure by millennials to hold jobs or launch careers. Thanks to student loan debt. New York City and.
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“Fannie Mae forecasts that the 30-year, fixed-rate mortgage will fall from its July 2019 rate of 3.8% to 3.7% for the remainder of the year, boosting affordability for home buyers,” Fleming. the.
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