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March of The Millennials

At some point, the inevitable hand-over was going to happen, but that it will likely happen this year is somewhat of a surprise. Millennials will be the majority of homebuyers compared to other age groups at some point in 2015, according to current trends. Almost half of Millennials want to buy a home in the next five years. Driving factors include outpacing of rent vs. cost of home ownership, an increase in affordable home construction, and more favorable interest rates and loan options. Have a look here for a little more insight and the five best housing markets for first-time buyers. 

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NMLS ID#: 71222

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Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
Suite 201
Dunkirk, MD 20754

Phone:
(301) 327-5803

Fax:
(443) 725-9080

This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.