Housing market warning issued as student loan payments restart

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 52%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

A majority of experts think that restarting student loan payments this fall will make mortgages more unaffordable.

With student loan payments set to start again in October after a three-year break, experts have warned that the U.S. housing market might take a hit and mortgages could become even more unaffordable—especially for first-time homebuyers.

Though prices have come down slightly since last summer, following a temporary drop in demand and sales, prices for homes in the U.S. remain high—as do mortgage rates. A recent survey by independent research and index product development firm Pulsenomics found that 58 percent of economists think restarting student loan payments this fall will impact mortgage affordability.

Some 35 percent of economists polled in the Pulsenomics' survey believed that restarting student loan payments will hit the U.S. homeownership rate, and 26 percent think that it could increase the mortgage delinquency rate. The total delinquency rate for a group of the country's 30 largest servicers was 3.16 percent at the end of June, according to Inside Mortgage Finance.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 468. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Housing market: Utah's latest home prices and where they're headedUtah's housing prices are still lower than they were this time last year, but they've been on a slow incline since they appeared to bottom in January.
Fonte: KSLcom - 🏆 549. / 51 Leggi di più »