The KUIK Closing Market Report for Friday, March 10:
Markets were flat.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
2
points
20,858
10:16 AM
S&P500
Up
0.0%
percent
2,366
0.76
Nasdaq Composite
Up
0.0%
percent
5,840
1.63
30 Year Treasury
Down
(2)
basis points
3.16
Annual Yield
A new report from the National Association of Realtors shows that student loans delayed saving for a down payment or a home purchase for people even as old as between and 70. Student debt is the single biggest hurdle among all buyers, with 49% calling it the expense that most delayed their home purchase financing. Credit-card debt is next, with 40% flagging it as the biggest obstacle. With those 36 and younger calling it their largest hurdle. A solid 7% of Americans between 62 and 70 still call student debt a burden.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
