Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
baby boomer
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Survey finds generational divide on economy, housing market
On the housing market, 40% of respondents expect little change. Younger generations were more likely to hold neutral or positive views.
Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit
Cotality’s survey of 1,000 recent and prospective U.S. homebuyers found that they ultimately care most about timing and confidence.
The bank of mom and dad can strain retirement
The failure-to-launch trend among Gen Z has strained their parents’ finances, with real consequences for their retirement plans.
Mortgage rates aren’t hampering millennials’ homebuying interest
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.
Property insurers must prepare for aging population: report
As the global population ages more rapidly, property insurers must assess their offerings to meet the moment, according to a new report.
Baby boomers and millennials are playing a housing crisis blame game
Millennials and baby boomers are pointing fingers at each other over housing affordability issues, according to Clever Real Estate.
Retirees moving to low-tax states may be disappointed by the savings they find
While a lower income tax sounds like a savings source, actually taking the plunge might reveal unanticipated costs — including other taxes.
Aging in place, high equity impact moving activity
Aging in place could dampen moving activity for older Americans, but baby boomers recently reclaimed their place as the top homebuyers.