Items Tagged with 'student debt'

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[Video] Here’s how student loans hold back homeownership

Plus, will the FHA mortgage interest rate cut come back?
Student debt causes many Millennials to delay homeownership as they struggle to save up for a down-payment. As it turns out, this is not the only way student debt is holding back homeownership. United Wholesale Mortgage explains why, and gives it’s take on the reversal of the FHA mortgage interest rate cut in its February video.
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Look out housing, Millennials are about to take over

It’s just a matter of time, according to new First American data
Millennials are the largest living population on this planet, and they may be better positioned than any other generation for homeownership. Why? Actually, it could be the very thing holding them back right now that drives them forward later.
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Here's how student loan debt plays a role in the future of housing

How does it impact housing starts?
Student loan debt is playing its biggest role in the mortgage process yet, and it doesn’t look like it’s changing anytime soon. For starters, many Millennials have yet to finish college, and the tail end of the generation is barely 18. New data shows the current problems in housing due to student debt and exactly how big of an issue this is.
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NAR survey shows how college, student debt affect homeownership

Many Millennials delaying homeownership
Millennials are delaying homeownership, with many waiting a couple years after graduating before choosing to finally move out on their own. According to a new survey by the National Association of Realtors, this delay is due to student debt. While paying off their student loans, borrowers can’t afford to buy a home, here’s why.
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