Across all ages, 56% said refinancing to a lower mortgage rate is important or extremely important to their financial health, while 25% called it “extremely important.” “These findings reveal a generation of homebuyers who are taking significant financial risks in today’s market,” said Ethan Winchell, co-founder and president of Truework. “While homeownership remains a priority,
Cotality’s “From House to Home” report included a survey of 1,000 recent and prospective U.S. homebuyers. It explored the dichotomy between markets relying on speed and buyers relying on timing. Ultimately, it found that homebuyers care more about timing and confidence as 43% felt speed was critical when finding a home, while 41% said the
In a bold attempt to tackle the growing burden of credit card debt in the U.S., Coverd, a new fintech startup, is turning to an unlikely ally: mobile games. With consumer credit card debt soaring past $1.1 trillion, the company’s innovative approach blends financial wellness with gamified experiences to help users chip away at their
Gen Z veterans and service members led all age demographics in the growth of borrower activity — including a 459% increase in VA refinance loans. Gen Z also claims a 12% share of the VA purchase market, triple their share from just three years ago. For comparison, Gen Z buyers comprised only 3% of the