Ellie Mae: Millennials’ interest in mortgage refinance spikes

Ellie Mae: Millennials’ interest in mortgage refinance spikes
In January, slightly lower interest rates led to Millennial homebuyers increasing their requests to refinance their mortgages. Ellie Mae Executive Vice President of Strategy and Technology Joe Tyrrell said the uptick in refinances may indicate Millennials who previously purchased a home and are looking for an opportunity to take advantage of lower monthly interest payments.
Source: https://www.housingwire.com/rss