Mid America Mortgage Blog

Tips for getting a mortgage when you’re a millennial with student loan debt

money close up

For millennials — those who reached adulthood around the year 2000 — student loan debt is an all too common challenge that often prevents them from achieving major life milestones, including buying a home. Unlike their parents’ Baby Boomer generation, millennials faced higher tuition fees and stagnant wages, making it difficult to pay off their debt in a timely manner. This led many millennials to carry their student loan debt well past their graduation dates and has been perceived as a difficult burden to cast off, especially when applying for a mortgage.

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55+ Housing Market Continues to Strengthen in Second Quarter

older happy couple standing on front steps of house

Builder confidence in the single-family 55+ housing market continued to strengthen in the second quarter of 2018, according to the latest National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI), released August 2. The index gained one point overall to 67 while the component measuring current sales increased 3 points to 73.

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Realtor.com Names Hottest Housing Markets

small green house

Realtor.com recently released its list of the country’s hottest housing markets. To create the list, Realtor.com studied listing searches in each U.S. market along with supply, demand and prices throughout the month of June.

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