May 15th, 2018
Good news: Plenty of Millennials are wanting to buy homes. Bad news? 98% are running into affordability obstacles. According to a new survey conducted by The Harris Poll, there are several main problems facing potential Millennial home buyers, including rising house prices, saving for a down payment, student debt, and job instability. These consumers need sound financial advice from MLOs throughout the home buying process if they hope to achieve their goal of homeownership.