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
Weely Real Estate News
Black millennials are trying to close the gap in homeownership
Source: AFRO.com — Millennial buyers are the primary driver of Black homeownership in the U.S. Housing market right now. Many are leaving rental life behind to purchase their first home or investment property in […]
Weely Real Estate News
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
The post With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense? appeared first on Weekly Real Estate News.
Daily Real-estate News
2nd Historic Fed Rate Hike Unlikely to ‘Further Damage’ Mortgage Borrowers
With skyrocketing inflation and mounting recession fears, the Federal Reserve made another aggressive move Wednesday, raising its benchmark rate by three-quarters of a percentage point for the second time this year to try and tame […]