Tag : Millennial Tracker

Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Fintech News

Millennials’ Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
According to the latest Ellie Mae Millennial Tracker, refinance activity hit an all-time high in April 2020, besting the previous mark set in March of this year. The historic refinance surge took place as the average interest rate for millennials reached the lowest point since Ellie Mae began tracking the data in January......
Older Millennials Drove Refinance Surge in February as Interest Rates Decreased, According to the Latest Ellie Mae Millennial Tracker
Fintech News

Older Millennials Drove Refinance Surge in February as Interest Rates Decreased, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
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......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Banking Fintech News

Millennial Refinance Activity Slows as Interest Rates Rise, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
The share of refinances closed by millennials decreased in November 2019 as interest rates on 30-year loans climbed. According to the latest Ellie Mae Millennial Tracker, 31% of loans closed by millennials in November were refinances, down 3% from the month prior. This marks the first month-over-month decrease for refinance share since May 2019.......
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