Pandemic is Helping Some Millennials Realize Home-Buying Dream

The nation's largest generation - Millennials - has been helped by record-low mortgage interest rates, according to a recent® survey. Those low rates are contributing to offset home prices that are at an all-time high in many places.

While this year's coronavirus pandemic and the accompanying recession may have turned a lot of people's financial plans upside down, those who've been lucky enough to hang on to their jobs are fast-tracking their plans to buy a home, in part because the pandemic is helping these 20- and 30-somethings save money they might otherwise have spent going out, thus helping them amass a down payment. Read the analysis.