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.
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.
The Federal Housing Administration announced Friday that it plans to make it easier for homebuyers with student debt to access FHA single-family loans.
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 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.
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.
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.
College students in Massachusetts are graduating with some of the highest debt levels in the country.
As MassHousing watched the economy swing back into high gear, we witnessed first-hand the impact on the housing market.
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.