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| Sponsored by Quicken Loans |
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| Millennials Put Home-Buying on Hold After Last Year's Rate Hike |
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Will more interest rate hikes this year turn millennials off to buying a home? A sizable share of millennials recently surveyed by TransUnion decided to put off buying a home after learning of the interest rate hike in 2016, with 42 percent reporting that the raise in rate influenced their plans. The key interest rate, which was increased one-quarter percentage point in December and again in March, indirectly leads the movement of mortgage rates. Mortgage rates, though still at historic lows, soared at the end of 2016, giving first-time homebuyers—mostly millennials—pause about their spring home search, according to a January report by realtor.com®. ...
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Everyone wants to protect their home, their property, and, most of all, their families. In fact, market research suggests the home security business is growing at a rate of about 9 percent a year. Home security systems are not all alike, however. Some systems can not only warn you of intruders, but can also notify authorities
