LendingHome’s Week in Review is here to provide you with news that you might have missed this week.


Afraid of a Bubble? Buy Without Fear in These Top 10 Stable, Growing Markets

Are you afraid that your the housing market might crash? Realtor.com researched the markets that probably wouldn’t be affected by a possible crash. It also looked at areas where there was enough inventory so “that buyers are unlikely to be pulled into costly bidding wars.”

Read more at Realtor.com


Homeowners are pulling cash out again; this time it’s the millennials

“[M]ore than a third of millennials said they are considering applying for a HELOC (home equity lines of credit) in the next 18 months, which is more than twice the rate as Gen-Xers and nine times that of baby boomers.”

Read more at CNBC


Millennials closing loans at fastest pace in nearly a year

“Millennials are now closing loans at the fastest pace since March 2016, according to Ellie Mae’s latest Millennial Tracker.

The average time taken to close a loan in February dropped to 44 days. The time it took to close a purchase loan dropped to 42 days, down from 46 days in January, while the time it took to close a refinance loan dropped from 58 days to 52 days during that same time period.”

Read more at HousingWire

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