Tag Archives: Federal Reserve Bank of Cleveland

Home lending in some areas of Cleveland Fed’s region has not yet fully recovered from the housing crisis. Here are the factors that are still impacting housing in this area.

So how adversely does student debt affect consumers' ability to get a mortgage loan? A report from the Federal Reserve Bank of Cleveland released Monday showed that as the percentage of younger consumers with student loan debt rose over the last ten years, those with a mortgage declined.

Research from the Federal Reserve Bank of Cleveland economist Daniel Hartley and Nathaniel Baum-Snow, a professor at Brown University found that for over four decades, the demographic compositions in and near the downtown areas in medium and large U.S. cities have shifted. The residents in these areas make more money, receive better educations, and are not likely to be minorities.