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PenFed Credit Union granted FHA Direct Endorsement

The move makes home ownership possible for a wide range of customers, company says

ICE Mortgage Technology: Strong and Competitive Purchase Market Among Millennials

ICE Mortgage Technology: Strong and Competitive Purchase Market Among Millennials
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ICE Mortgage Technology Millennial Tracker Finds Millennial Purchase Activity Increases, Even As Rates Rise

ICE Mortgage Technology Millennial Tracker Finds Millennial Purchase Activity Increases, Even As Rates Rise Date ™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that according to the ICE Mortgage Technology™ Millennial Tracker purchase activity among millennials increased in March, even as interest rates rose for the first time since October 2020. Purchase activity represented 51% of loans closed by millennials in March – a notable increase from February’s 46% purchase share, but on par with January’s 53%. This influx in purchase activity occurred even as interest rates increased to 2.98%, up from 2.88% in February.

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