Closings for Millennials Speed Up

Closings for millennials are at their speediest yet: 39 days in March, according to Ellie Mae’s Millennial Tracker™, a measure of millennial mortgages.

“With the ongoing adoption of digital mortgage solutions, millennial homebuyers were able to close purchase loans in 39 days in March—the shortest amount of time since Ellie Mae began tracking millennial loan data in January 2014,” said Joe Tyrrell, executive vice president of Corporate Strategy for Ellie Mae, in a statement. “As more millennials reach the prime home-buying age of 29-32…