student loans Archive

What Does Your Credit Score Mean?

In a previous blog, I discussed the importance of financial literacy education as a crucial tool for helping young adults become future homeowners and increase their economic well-being over time. In this blog, I will discuss how one’s credit...

The Impact of Financial Literacy on Homeownership: Student Loan Impact

Financial literacy is the “ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.”[1]  Yet despite its importance, financial literacy can often seem like the elephant in the room of many households....

The Impact of Financial Literacy on Homeownership: Financial Literacy Indicators

Financial literacy is the “ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.”[1]  Yet despite its importance, financial literacy can often seem like the elephant in the room of many households....

Potential First-time Buyers Still on the Sidelines

First-time buyers accounted for 31 percent of  buyers who closed a sale in August 2017, according to the August 2017 REALTORS® Confidence Index Survey.[1]  The share of first-time buyers has been improving, although slowly, from less than 30 percent...

Student Loan Debt Adversely Affecting Millennials

In NAR’s first report on student loan debt in 2016, survey respondents were among a wide age range, from Millennials to Generation X to Baby Boomers and the Silent Generation. This year, the Student Loan Debt and Housing Report...
September 21, 2017