FOXBusiness, August 29, 2023, US Housing Market Faces New Hurdle: Student Loan Repayments
The US housing market has been over the past year walloped by high mortgage rates and a worsening inventory shortage.
It may soon face another obstacle: Student loan repayments.
Real estate experts are bracing for a significant blow to the market when the pandemic-era freeze on federal student loan payments comes to an end this fall, according to a recent poll conducted by Pulsenomics. For more than three years, federal student loan borrowers have not had to make monthly payments.
But that pandemic-era pause is coming to an end this fall, setting up a potential financial shock for millions of Americans.
