Time to Close for Millennials Tapers to Fewest Days in a Year
Regan Hagestad
April 10, 2017
The average time it takes millennial mortgage borrowers to close a loan tapered off to 44 days in February, the shortest time period since March 2016, according to Ellie Mae’s recently released Millennial Tracker, a measure of millennial mortgage applications. Closing a purchase loan took two days less than the average at 42 days, while closing a refinance loan took
