Tag Archives: student loan debt

Debt: Student Loans and Car Payments

Debt — like student loans and car payments — can create the biggest barrier to home ownership, more so than saving for a down payment, according to a new analysis by RealtyTrac. RealtyTrac analyzed affordability in 500 counties and found … Continue reading

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Student Loan Debt Hurting First Time Buyers

Carrying student loan debt is making it more difficult for many young professionals to qualify for a mortgage. Recent college graduates with student loan debt who want to own a home will need to earn about one-third more annually — … Continue reading

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Home Ownership Rate At Lowest Level Since 1982

Young Americans are putting off home buying at unprecedented levels. The home ownership rate for the Millennial generation age group has fallen to its lowest level since the U.S. Census Bureau started tracking home ownership by age in 1982. The … Continue reading

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Student Debt Holds Back Future Home Buyers

Student Debt Holds Back Future Home Buyers Rising student debt continues to take blame for curtailing the number of young Americans who are able to break into home ownership, but lenders and real estate professionals say it doesn’t have to … Continue reading

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Student Loans Hampering The Housing Recovery?

Student Loan Debt Student loan debt is the main culprit hampering the housing recovery, says Rohit Chopra, the student loan ombudsman for the Consumer Financial Protection Bureau. Chopra says.”We are already seeing signs of economic drag from student loans,”  “The … Continue reading

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