Breaking Down Your Credit Score.
The majority of my clients that I speak with have little or no idea how their credit/FICO score is calculated. Below shows you an exact breakdown, along with some interesting statistics.
Millennials and Homeownership.
The Millennial generation, also known as Gen Y, is more than 75 million strong. It’s hard to deny the impact they have on the marketplace when it comes to housing and homeownership. Gen Y spends more than $600 billion per year which by some estimates, could grow to nearly $1.4 trillion by 2020. However, for as much as this is talked about, there still seems to be no clear consensus on the exact total impact Millennials and homeownership will have. Take a look at this stat-filled mortgage infographic that helps shed some light on Millennials and homeownership.
7 Useful Facts About Renters.
Majority of renters would like to be home owners making them an important opportunity for mortgage professionals. To help provide clear understanding of this demographic, take a look at seven useful facts about renters in the infographic below.