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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

FHA Will Change How Student Loan Debt Affects Eligibility. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. Housing Policy + Finance. Housing Policy + Finance.

Debt 98
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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.

Income 213
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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. cbroderick. A Hard Constraint.

Debt 59
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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

Home Affordability Report Shows Increased Pressure for Affordable Housing. Housing affordability continues to be a hot topic, as demand for homes outpaces supply and wage growth fails to keep pace with home-price appreciation . Unmet demand for housing continues to drive home prices higher, as median sales prices on homes in the U.S.

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Housing Costs are the Top Financial Concern for Older Millennials

Pro Builder

Housing Costs are the Top Financial Concern for Older Millennials. The oldest Millennials are turning 40 this year and affordable housing remains a top concern for many in this generation. One-third of older Millennials, born between 1981 and 1989, say their most burdensome monthly expense is housing, reports CNBC. cbroderick.

Housing 72
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NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Tue, 01/25/2022 - 20:14. Chuck Fowke, NAHB 2021 Chairman.

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Millennials Don’t Shop Department Stores, But They Do Want Home Ownership

Pro Builder

Millennials have too much student debt to be home buyers, and they would rather rent in urban centers where they can walk to a restaurant to order specialty coffee and avocado on toast. These buyers were able to enter the housing market, but they did make financial sacrifices, found more affordable locations, and some did have parental help.

Debt 98