Articles Tagged with ''First-time home buyers''

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong
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.
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Virginia launches investment plan to spur first-time homebuyers

$50,000 cap on investment; $150,000 cap on tax-free earnings
The Virginia Association of Realtors championed the legislation and said the law, called First-time Homebuyer Savings Plans HB331, is designed to “help Virginians prepare for homeownership, remind them how important it is, and improve the long-term health of the housing market.”
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Warren’s student loan bill blocked by Senate Republicans

Is the “crush” of student loan debt here to stay?
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.
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Buying a home? Bankers say do these 8 things first

Manage your budget, check your credit, and more
One of the biggest potential obstacles is obtaining credit to buy a home. Increasingly tight credit standards may be squeezing out potential buyers, but the Independent Community Bankers of America say they’re willing to help.
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From HW Magazine

Banks can lead by lending

Taking stock of 2014 housing market expectations
The housing market clearly has been through the ringer and back. The question is, are we all the way back, or does the housing market still have some improvement left in it?
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CFPB: Student loan debt hijacks the housing recovery

Indebted college grads live with parents because they fear buying homes
Nothing is hurting the housing recovery in such a nuanced way as student loan debt, according to a CFPB ombudsman. Three-fourths of the fall in household formation can be directly correlated to student debt.
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First-time homebuyers sidelined by financial challenges

Affordability increases, but rising rates threaten its survival
By most accounts, this year is shaping up to be a positive one for housing, with prices, sales and construction numbers consistently on the rise. However, there is a catch. Investors may be buying homes — along with some homeowners — but the overall homeownership rate among Americans continues to fall behind historic homeownership levels.
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