Posts from July 2023
Student Loan Debt Looming as Affordability Constraints Stretch Further
July 13, 2023 by Alan Ratner
Given a combination of the recent increase in mortgage rates and a reacceleration in home prices over the last three months, the current P&I payment on an average new home stands at roughly $3,000 per month – up nearly 70% from two years ago and 25% above trend line...
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