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loanDepot’s National Survey of Millennials Finds Confusion, Anxiety Regarding Home-Buying Process

According to a survey conducted by loanDepot, 52 percent of Millennials (born between 1981-1997)[1], cite no longer wanting to pay rent and being ready to start a family as two top drivers motivating them to start looking into home ownership. However, half of those surveyed are anxious about the expense of real estate and mortgage payments, with only 18 percent saying they think a home purchase is affordable for them.

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