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.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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Millennials Ramp Up Refinance Activity in March
Millennial borrowers seized an opportunity to refinance in March, as interest rates tumbled. So reports Forbes.com.
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