Feb 7, 2024
On this episode of Millennial Debt Domination, Katie highlights the rising housing interest rates and how they affect millennials.
The current average mortgage interest rate is 6.5-7%. This high interest rate is making it extremely difficult for younger millennials to purchase a home. Today, Katie will be joined by Grant Gallagher. Grant, a millennial himself, is the head of financial well-being and brand communcations at Affinity Federal Credit Union. He's also the co-host of Affinity Federal Credit Union's podcast, Wellbeing and Your Wallet, that you can find on all major podcast platforms. Grant and I will be discussing rising interest rates, reasons keeping millennials from becoming homeowners, the impact COVID-19 has had on homeownership, and much more.
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More questions for Katie? E-mail us: olm@navicoresolutions.org
About Navicore Solutions: We are a national nonprofit provider of financial education and compassionate personal finance counseling. We can help you gain control of your finances. A debt-free future is possible. Learn more about us here: http://navicoresolutions.org/
Listen to Affinity Federal Credit Unions Podcast:
https://www.affinityfcu.com/financial-wellbeing/wellbeing-and-your-wallet
Affinity's Website:
Affinity Federal Credit Union | Banking, Loans, Mortgages & Credit Cards (affinityfcu.com)