HMDAVision is based on the full HMDA datasets from the past 5 years - over 100 data fields for over 70 million transactions. Because it is based on true microdata, HMDAVision subscribers can find very specific answers to their questions about mortgage patterns. Here are 6 such answers to today's question:
Volume and Geography of Mortgage Applications
In 2018, 1 in 5 mortgage applications, or 2,681,597 total, belonged to applicants who were 34 years old or younger. The darker colors in the map below show higher volumes of more mortgage applications in that location:
Buying patterns of young mortgage applicants. Source: HMDAVision.
Based on 2018 Applications reported by covered lending institutions (excluding PR and the islands) and loans that were not primarily for business or commercial