Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
W S

Items Tagged with 'Student loan'

ARTICLES

This chart shows exactly how student debt blocks housing

The true price of the America dream
Brena Swanson
Not only is the student debt crisis a threat to housing, but it also shows no sign of easing. In fact, it will probably get worse before it gets better, according to one data field.
Read More

Here’s how one student loan lender will get mortgages to millennials

SoFi will use crowdfunding, IPO to grow portfolio
Brena Swanson
Student loan debt is one of the biggest roadblocks to the housing recovery. Working to help overcome this struggle, one lender is adding mortgages to its line of products, in addition to its usual student loan refinancing products.
Read More

Wealthier Americans mean a bigger bond market

More liquidity means more debt
Jacob Gaffney
The Federal Reserve published its latest report on U.S. household wealth, which shows that even while Americans are getting more wealthy, they are also taking on a lot more debt. This is great news for the bond market since, more and more, these auto loans, student loans and credit cards are finding their way into the bond market.
Read More

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong
Ben Lane
CNBC’s analysts seem to view millennials as a giant homogenous mound of humans who all think the same way, look the same way, do the same things and look at the world in the exact same way. And every day, CNBC’s analysts opine on why millennials aren’t buying homes, or buying stocks or buying whatever else it is that CNBC thinks is important that day.
Read More

Warren’s student loan bill blocked by Senate Republicans

Is the “crush” of student loan debt here to stay?
Ben Lane
The bill is just the latest in a line of legislation to fall victim to the warring parties in Congress. Republicans accused Warren and the Democrats of playing politics by putting the bill forward, knowing that it had little chance to pass.
Read More

Obama announces plan to ease “crushing” student loan debt

What does it mean for housing?
Ben Lane
In his remarks, and in his weekly radio address, President Obama spoke of the “crushing” debt that students face and how it impedes economic growth. The President said: “If somebody plays by the rules, they shouldn’t be punished for it.”
Read More

CFPB director: Student loans are killing the drive to buy homes

College-educated first-time homebuyers at 10-year low
Jacob Gaffney

"According to an analysis by the Federal Reserve Bank of New York, for the first time in at least a decade," Cordray said in a speech, "households with student loan debt are less likely to have a mortgage than those without student loan debt."


Read More

Looking for a last minute graduation present? How about crushing debt?

Student loan debt keeps climbing, keeps younger buyers from actually buying
Ben Lane
It’s graduation weekend at many colleges across the nation. It’s a time of celebration and joy. But the real world is about to smack many of these graduates square in the face.
Read More

Barclays: 3 reasons the first-time homebuyer will return

One major hiccup remains
Jacob Gaffney
Equity researcher Stephen Kim just released an in-depth report titled: The Return of the First-Time Buyer. In it, Kim gives three solid reasons potential homebuyers could enter the market. However, there remains a major barrier.
Read More

Could new securitizations lead to identity theft?

That's the slippery slope of new regulation
Jacob Gaffney
Securitization is already believed by many to be the big, bad tool Wall Street used to derail the global economy, seemingly and inexplicably on purpose. So this blog probably isn't going to help assuage the rage in those believers.
Read More