Tag : Refinance Activity

Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker
Business Fintech News

Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
In December 2019, refinance share – the percent of all loans closed during the month that were refinances – among millennials dropped for the second straight month as interest rates rose yet again. According to the latest Ellie Mae Millennial Tracker, 27% of all loans closed by millennials in December were refinances,......
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
by Fintech News Desk0
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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