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Millennials Setting a Good Example with their Mortgages

Recently I had the opportunity to work with a client who was the youngest person I have worked with to date. At the ripe age of 23, my client and his girlfriend closed on their first home and mortgage. I was very impressed by their ability to purchase a home at that age.

Millennials Setting a Good Example

A recent article about Millennials keeping current on their mortgages shows a lot. It may be proof that when this generation purchases a home, they are learning. Learning from the mistakes of other generations in the past.

Mortgage borrowers under the age of thirty have the lowest mortgage delinquency rate of any other age group. This comes according to a newly released TransUnion mortgage report.

The financial struggles that the millennial generation have faced has made them smarter, and also not as trusting as other generations. They are more educated than any generation before them. Those college degrees will soon pay dividends when they start buying houses.

There are plenty of things to learn from millennials. Are you a millennial ready to make the leap and buy a home? It may be the perfect time for you. Give us a call, and we can help you search and find your dream home. After all, you are a hard worker and endure a lot. You deserve that dream home and ideal location! Houston is the perfect area for you. With dining, entertainment, and family friendly activities, our city does not run short on things for you to do.

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