Tag Archives: Student Debt

A new report frames the state of homeownership in the U.S. in stark terms. So exactly how do we recapture the American Dream? The answer might just be common sense.

In order to navigate the challenge of getting millennials into homeownership, Lennar Homes has rolled out a plan to pay off student debt.

Fannie Mae is now offering three solutions for borrowers with student loan debt. They will allow borrowers to exclude student debt in their debt-to-income ratio, let lenders accept student loan payments on credit reports, and allow borrowers to refinance in order to pay down student debts. Student loan debt is one of the biggest barries to homeownership today.

A recent survey from the National Association of Realtors and SALT found that 71 percent of non-homeowners repaying their student loans on time believe their debt is preventing them from purchasing a home.