Jeff For Banks
APRIL 4, 2024
Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Now the oldest millennial is 43 (see table by Statista).
The Financial Brand
DECEMBER 27, 2021
Just as more Millennials are finally looking to become homeowners they find starter homes have been grabbed by retirees or investors. The post Mortgage Lending Snag: Boomers & Millennials Vie for the Same Houses appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
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BankBazaar
AUGUST 7, 2019
Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. But there’s a major issue that quietly cripples this trend. In short, a fat chunk of India’s millennials is new to credit. New to credit?
The Financial Brand
AUGUST 18, 2021
The post Millennials’ Fading Homeownership Hopes Cloud Mortgage Outlook appeared first on The Financial Brand - Banking Trends, Analysis & Insights. New data confirms many of this group seek larger living space, yet Covid has added extra hurdles that mortgage lenders must understand.
The Financial Brand
OCTOBER 20, 2021
Despite some uncertainty over the duration of the home buying boom, banks and credit unions must adapt to technology and demographic changes. The post Top Mortgage Lending Trends for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Financial Brand
OCTOBER 13, 2021
Financial institutions can't approach the generation that's growing up with BNPL and likes debit cards the same way as Millennials. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The post Will Loan Volume Shrivel as Debt-Wary Gen Z Hits Their Borrowing Prime?
PYMNTS
DECEMBER 27, 2019
That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits. There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers.
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