Ellie Mae’s 2019 Borrower Insights Survey offers recent insight into buyers’ reasons for buying a house.

According to the survey of 2,000+ renters and homeowners:

  • Job change displayed the largest growth when compared to previous years, growing 22% in the last year (compared to the year prior). As the unemployment rate edged down, more Americans were potentially better positioned to be able to buy a home.
  • While a family dynamic change, such as getting married or having kids (40%), was the top overall reason borrowers bought a house, this percentage has steadily decreased as a reason for pursuing homeownership compared to those that took out a mortgage 3-5 years ago.
  • Those who purchased a home more recently were more likely to cite a “need for more space” as their leading response compared to those who purchased in the last three to five years.

To view the full e-book report in PDF format online, click here.


Ellie Mae conducts its annual “Borrower Insights Survey” (BIS) to better understand the perspectives of consumers when it comes to the mortgage process, with the goal of providing better insights to improve the overall digital mortgage loan process and ultimately fund a loan. 

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