In November 2020, the share of refinance mortgage loans closed by younger Millennials in the United States was 24 percent compared with 52 percent for older Millennials. Refinancing activity increased from the previous month due to many borrowers taking advantage of lower interest rates.
Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020
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Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020
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Business Wire. (January 6, 2021). Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020 [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/
Business Wire. "Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020 ." Chart. January 6, 2021. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/
Business Wire. (2021). Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020 . Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/
Business Wire. "Distribution of Purchase and Refinance Mortgages of Millennials in The United States in November 2020 ." Statista, Statista Inc., 6 Jan 2021, https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/
Business Wire, Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020 Statista, https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/ (last visited February 18, 2025)
Distribution of purchase and refinance mortgages of Millennials in the United States in November 2020 [Graph], Business Wire, January 6, 2021. [Online]. Available: https://www.statista.com/statistics/1222331/share-of-refinance-and-purchase-mortgages-millennials-usa/
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