Homebuyers’ Student Debt Issues Can Be Solved. Here’s Where to Start
Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.
Student Loan Payments’ Return Could Cause Consumer Pullback
The reprieve is over. Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.
A $127K Student Loan Balance Makes Homebuying Hard
Yes, the combination of rising mortgage rates and house prices are probably insurmountable for many young homebuyers. But new research has found that what’s really holding many of them back is the truckload of debt they’re carrying.
Feds: Thousands May Have Student Debt That Should Be Erased
Record-keeping failures by the federal government may have left thousands of Americans saddled with student debt that should have been automatically canceled through a benefit for low-income borrowers, according to a new federal study.
FHA Offers Helping Hand to Buyers With Student Debt
The Federal Housing Administration announced Friday that it plans to make it easier for homebuyers with student debt to access FHA single-family loans.
Study Shows Student Debt Cuts Homebuying Power by 18.8 Percent
It’s widely accepted in the real estate finance world that student debt can significantly lower someone’s buying power when they go to purchase a new home. But a new paper has quantified how much.
Parents Can Hurt More than Help Young Homebuyers
Parents can take a number of steps to help their offspring purchase their first homes. But beware, lest Mom and Dad steamroll their kids’ real opinions, needs and desires.
Study Finds Medical, Not Student Debt Bigger Cause of Mortgage Denials
Aspiring home buyers with medical debt are more likely than others to be denied a mortgage, while those with student loan debt more often put off buying.
Colleges Should Pick Students Over Stone
Any top university will tell you that the easiest way to raise money is by naming buildings after big donors. But in today’s world of suffocating student debt, what we really need are scholarships.
MA College Grads Have Some of the Highest Student Debt in Country
College students in Massachusetts are graduating with some of the highest debt levels in the country.
MassHousing’s Mortgage Product Aids Families in Path to Homeownership
As MassHousing watched the economy swing back into high gear, we witnessed first-hand the impact on the housing market.
Student Loan Paydown Perks Worth A Second Look
I’ve always been interested in demographic trends and what that means for the industries we cover here at B&T. In this week’s paper, I wrote about how employers are looking at the older end of their workforce.
‘Time Is Money,’ And Other Thoughts On Financial Literacy
I’ve been meaning and meaning and meaning to write up...“I don’t know about you, but I’m feelin’ 22…”
Ha ha… ha… No, not really. Especially as I’m writing...
