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- Mortgage rates, home prices, and student debt are a threat to housing affordability in 2023.
- Student-loan repayments will restart on October 1 following a three and a half year hiatus.
- The average borrower deferred around $15,000 in payments, but inflation affected how far funds went.
High home prices and mortgages may keep many would-be home buyers from purchasing homes in 2023 — but it's not the only thing holding them back.
After more than three and a half years of moratoriums on student loans, repayments are set to resume on October 1. For many Americans, especially Gen Z and millennials, this could make homeownership even more elusive.