Gen Z Tops 20% of Purchase Mortgage Locks in June, ICE Reports
ICE•Gen Z borrowers accounted for a record one in five purchase mortgage locks in June based on ICE Mortgage Monitor data. This surge highlights growing engagement from the 18–27 age group in homebuying, potentially boosting ICE’s data analytics revenue.
1. Gen Z Purchase Mortgages Reach Record High
ICE’s Mortgage Monitor data shows Gen Z borrowers (ages 18–27) locked purchase mortgages representing 20% of total in June, the highest share on record. The trend underscores a shift toward younger buyers entering the housing market and may drive increased demand for ICE’s mortgage data services and analytics products.
