May
02
2016
SoFi Blog
Tips and news—
for your financial moves.
May
02
2016
Apr
29
2016
Apr
29
2016
Election Watch 2016: Millennial Money Edition
Millennials are positioned to make a big impact in this year’s presidential election—if they turn out to vote.
- Young voters were a key factor in the election of Barack Obama. Obama won 66 percent of the under-30 vote in 2008 and 60 percent in 2012.
- Young voter turnout increased substantially in the last two elections. About half of eligible voters aged 18-29 voted in the 2008 and 2012 presidential elections, compared to less than 40% of voters that age during the 1990s.
- Young voters have the numbers to make a difference. For the first time, the millennial voting population equals that of baby boomers.
Today’s 20- and 30-somethings are facing unprecedented financial challenges, like unemployment, stagnant wages, and student loan debt. This year’s election is a huge opportunity for young voters to make their voices heard. The presidential candidates are talking (a lot) about finances and the economy, and our next president’s actions will likely have a big impact on everyone’s financial future.
Check out our guide below to the 2016 presidential candidates and their stances on the issues that impact young professionals’ financial health.
Read moreApr
28
2016
Is an Interest-Only Mortgage Your Ticket to Buying a Home in 2017?
Thinking of buying a home this year? With interest rates, rents and housing prices all on the rise, this could be an opportune time to make it happen – and an interest-only mortgage loan might be the thing that makes it possible.
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