I am happy to have another guest post today By Satinder Haer of Zillow. Satinder has written several informative articles for me and I'm always happy to have her contribute.
How Does Student Debt Affect Homeownership?
One common belief is that student debt prevents recent graduates from becoming homeowners. It’s believed that student loan payments make it unfeasible for recent graduates to save a down payment and a missed loan payment here or there makes them unsuitable candidates for a mortgage loan. While these factors are common explanations for low homeownership rates among recent graduates, the data does not support the belief that student debt prevents homeownership. Read the rest of this entry →