Older Millennials Drove Refinance Surge in February as Interest Rates Decreased, According to the Latest Ellie Mae Millennial Tracker
According to the latest Ellie Mae Millennial Tracker, refinance activity among millennials surged in February as interest rates dropped to near-record lows. Refinance share – the percentage of all loans closed during the month that were refinances – decreased month-over-month in both November and December 2019, before seeing month-over-month growth in both......