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One in eight people across the country has student loan debt, including nearly one in two millennials. There are more student loan holders in America than there are people in Canada. These loans provide millions of Americans access to higher education, whether at community colleges or four-year universities. But after caps are tossed and diplomas…

The post Would Student Loan Forgiveness Impact the Housing Market? appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. All aboard the mortgage roller-coaster! Rates snapped back again this week after briefly falling below 5%, jumping almost 25 basis points in the last seven days. Freddie chief economist Sam Khater suggested that the market…

The post The Mortgage Mix: Big Lenders Buckling and a Market Hitting Milestones appeared first on RISMedia.

Homes in Opportunity Zones across the country experienced price gains in the second quarter of 2022 that largely kept pace with growth in the broader housing market, according to newly released data from ATTOM, a data curator which analyzed 5,198 different zones. Opportunity Zones are defined as census tracts in or alongside low-income neighborhoods that…

The post Opportunity Zones Keep Pace with Nationwide Home-Price Growth in Second Quarter appeared first on RISMedia.

An adjustable-rate mortgage (ARM) can look attractive with low introductory rates and more flexibility. But is an ARM the right choice for you? If you get move around the country for work frequently, a variable-rate mortgage might be the perfect fit. We will look at the pros and cons of this type of mortgage and…

The post Pros and Cons of an Adjustable-Rate Mortgage appeared first on RISMedia.