Millennials on the Homeownership Path (@NYTimes)

Between student-loan debt, the recession, and low wages, millennials have had to struggle to move out of their parents' homes and into their own place. For many, home-ownership hasn't even been a consideration, but things are starting to look up for those who are seeking to own their own home.

Full article at The New York Times

"Saving enough for a down payment is often the biggest challenge for first-­time home buyers. Fannie Mae and Freddie Mac have lowered that bar, however, with new conforming loan programs requiring as little as 3 percent down. Loans backed by the Federal Housing Administration are also more affordable, thanks to recent reductions in mortgage insurance premiums"

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