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Millennials Ramp Up Refinance Activity in March

Wednesday, May 13 2020
Lending
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Millennial borrowers seized an opportunity to refinance in March, as interest rates tumbled. So reports Forbes.com.

According to Ellie Mae, the share of all loans closed by millennials during the month that were refinances rose for a third straight month to 38%.

That’s the highest refinance share for millennials since Ellie Mae started keeping track in 2016.

Read the full article from Forbes.com.

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