Valerie Plesch/For The Washington Post via Getty Images
New homeowners are using the “buy now, pay later” credit tool during and after the process of buying a home, according to research from the JPMorganChase Institute.
In many rural areas, the child care shortage is exacerbated. One mountain town in southwestern Colorado is closing the gap between kids and care by building affordable homes that are licensed to be day cares.
After the Great Recession, banks were required to hold a certain amount of capital to specifically cover mortgages. Banks backed away from mortgages as a result.