It's been nearly nine years since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants needed a cash infusion of $188 billion, and they got it from the U.S. Treasury.
Homes in Fairfield County, Connecticut, and Suffolk County, Long Island, are getting more affordable. That’s according to the data mining company ATTOM, which compared home affordability rates of hundreds of counties across the country.
Chicago native Juan Hernandez fell in love with Hartford while attending Trinity College and decided to stay after graduation. But like many members of the millennial generation, he's learned that affording a place to live can be an expensive proposition.