Gen Xers Borrowing More So Than Millennials

Mortgage borrowers today are more often Gen X than millennial, according to a recent survey by NAMB – The Association of Mortgage Professionals. The majority of NAMB members surveyed reported millennials account for only as much as 25 percent of their customer base, compared to Gen Xers who comprised as much as 75 percent. “There’s a […]

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On Low Inventory: From Challenge Comes Opportunity

Low inventory is the foremost issue in the housing market, with no let-up in the impossible demand for the few reasonably-priced homes available for sale. Supply shortages, according to at least one constituent, are now the No. 1 barrier of entry for homebuyers. Fifty-eight percent of mortgage professionals recently surveyed by the National Association of […]

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