Published 20 days ago

More renters worry they’ll never be able to buy home: Survey

Nearly 38% of U.S. Renters believe they will never own a home due to high costs, as found in a recent survey by Redfin.
Mortgage rates have risen to 7.01%, dampening purchase applications to the lowest since February, states the Mortgage Bankers Association report.
Renting is favored by 66% of renters, per an Entrata survey, due to lifestyle fit and avoidance of home ownership responsibilities.

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The Hill

More renters worry they’ll never be able to buy home: Survey

An increasing number of renters are worried they will never be able to buy a home, with many pointing to the lack of affordability as the main culprit, according to a new survey released Friday by Redfin. Almost 40 percent of renters do not believe they will ever own a home, a double-digit increase from…

21 days ago·Washington, United States

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UPI

Survey: 38% of U.S. renters believe they will never own a home

Expensive home prices and soaring mortgage rates have nearly two in five U.S. renters believing that they will never own a home because of the overall cost, according to a new survey released by Redfin Friday.

21 days ago·Washington, United States

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