Wednesday, April 5, 2017

Student Loan Debt Dilemma

Wherever you are on the student debt issue, there is no doubt this is impacting the ability of first time home buyers to purchase a home. Putting aside the debt to income discussion, it's also the simple math that if more is going out to service debt payments, less is available to be saved for a down payment. In turn, that impacts the amount of demand, or buyers, looking for homes, which, at some point will impact a seller's bottom line.

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