debt and homeownership

Dallas Ranks in the Top 26 Percent of Cities with Most Overleveraged Mortgage Debtors

By Leah Shafer / April 26, 2017 / 0 Comments
overleveraged

With mortgage rates at historic lows, many people might be tempted to buy a home before they’re financially ready. In order to determine where homeowners have the most unsustainable mortgage debts in the country, WalletHub recently released the 2017 Home Overleverage Report. Their analysts compared the median mortgage debt to the median income and median home […]

Read More

Education, Not Debt, is What’s Dragging Homeownership Rates Down

By Jon Anderson / May 23, 2016 / 1 Comment

Long ago I was told that it’s more lucrative to be paid to think than to do. Turns out that piece of advice is true on many levels that intersect with homeownership. Several years ago, the Federal Reserve Bank of New York released data that seemed to say that student loan debt was dragging down […]

Read More