Lending

CUNA Mutual Group's Monthly Trends Report shows first mortgages stalled from April to May.

Buyers are getting squeezed by rising mortgage rates and prices climbing about twice as fast as incomes.

The decline in sales leaves 301,000 homes available nationwide in June, the most since March 2009.

This generation has the lowest propensity to be earning interest on their savings.

The opportunity is there for fund management with demand for lower-cost financial advice.

First-time buyers make up 31% of all sales; the number is unchanged from May and down from 32% a year earlier.