Only 32 percent of millennials owned a home in 2015, according to a 2018 Millennial Homeownership Report from the Urban Institute. However, that might change in 2019.

While interest rates are rising, housing prices are expected to stabilize, offering additional affordable options to first-time homebuyers. Plus, mortgage lenders are experimenting with new ways to check creditworthiness and streamline the application process.

Read more at US News.