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Mortgage Lending Snag: Boomers & Millennials Vie for the Same Houses

The Financial Brand

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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Millennials’ Fading Homeownership Hopes Cloud Mortgage Outlook

The Financial Brand

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.

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Top Mortgage Lending Trends for 2022

The Financial Brand

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.

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Will Loan Volume Shrivel as Debt-Wary Gen Z Hits Their Borrowing Prime?

The Financial Brand

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?

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Financial Institutions Must Address ‘Buy Now, Pay Later’ Problem Now

The Financial Brand

The fast-growing BNPL market, popular with Millennials and dominated by fintechs, is already siphoning billions in revenue from banks. The post Financial Institutions Must Address ‘Buy Now, Pay Later’ Problem Now appeared first on The Financial Brand - Banking Trends, Analysis & Insights.