Real Estate
Home›Real Estate›Mortgages›New mortgage industry sessions highlight demographic s…
New mortgage industry sessions highlight demographic support for potential buyers
The conference materials cite Census Bureau data showing about 58% of men and 56% of women ages 18 to 34 lived with their parents in 2024.
Mortgage News Daily highlighted programming at the MBA of the Carolinas conference and the Michigan Mortgage Lender’s Association conference, focusing on how demographics and technology are shaping the mortgage market agenda, including how originators can use available knowledge and tools.
The coverage points to U.S. Census Bureau data for 2024, saying 58% of men and 56% of women ages 18 to 34 lived with their parents.
Mortgage News Daily added that about 2.6 million U.S. parents provided $26.6 billion in financial support to 3.7 million children, which the story notes is roughly $7,200 per child.
The piece also references technology and app demonstrations at related mortgage industry events, including tools for creating customizable loan applications for multiple loan types.