Three-fourths of the drop in household formation can be directly correlated to student debt, according to the Consumer Financial Protection Bureau.
Housing experts say that home buyers who delay their home purchases may pay for it later with a higher mortgage rate.
Only $30,000 a year for retirement? Here's where to live.
NAR, along with the Mortgage Bankers Association, the National Association of Home Builders, and others, urged the FHFA in a recent letter to regulators to delay its proposal to reduce the loan limits.
Topics: Mortgage Loan Limits
If the federal government fails to increase its borrowing authority prior to when the U.S. Treasury says it will run out of money to pay its bills, debt default is not necessarily the first consequence we'll see.