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
Financial Markets
Fed’s Powell previews tougher rate hike path, starting soon
March 8 (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday foreshadowed key elements of the central bank’s upcoming rate-setting meeting: A half-point increase is on the table and updated policymaker forecasts are likely to […]
Weely Real Estate News
Citi to Expand Program Making Homeownership More Attainable
Source: The Motley Fool — Buying a home can be challenging for low- and moderate-income mortgage applicants for a number of reasons. First, those who don’t earn a lot of money often struggle to come […]
International
No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks
SYDNEY, July 12 (Reuters) – Two top Australian banks said the number of home loan customers missing repayments remained below pre-COVID levels as a spike in living costs slows their discretionary spending, a sign that […]