As homeownership levels sank, rental housing levels increased.
The post OUCH! US Homeownership Rate at Lowest Level Since 1970 appeared first on Weekly Real Estate News.
OUCH! US Homeownership Rate at Lowest Level Since 1970
Housing Wire
Wells Fargo launches alliance with AREAA to promote homeownership
As part of its broader affordable housing initiatives, Wells Fargo will sponsor a homeownership program alongside the Asian Real Estate Association of America. The Wells Fargo-AREAA alliance will focus specifically on sustainable homeownership for first-time […]
Mortage News
Mortgage Lending Activity Slumps Across Country to Lowest Point in Nearly Nine Years
ATTOM, a curator of land, property, and real estate data released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were […]
Mortage News
Rate Locks Break 9-Month Losing Streak
Black Knight’s Mortgage Origination’s Market Monitor confirms that the surge in rate lock volumes noted earlier in the month continued through the end of January. Overall rate lock volumes rose 32 percent over December levels, […]