US renters are more pessimistic about their ability to ever own a home and households’ expectations of home-price growth has reaccelerated after falling last year, a new Federal Reserve Bank of ...
Amid elevated prices, high mortgage rates and difficulty saving money for a down payment, only about four in 10 renters think that they will be able to buy a home, the New York Fed said Monday ...
May 6 (Reuters) - Americans are once again bracing for another round of higher housing costs, amid rising expectations by renters that they'll never be able to buy a house, the Federal Reserve ...
Fitting with that theme, most renters consider it as somewhat or very difficult to obtain a mortgage, according to the New York Fed’s 2024 SCE Housing Survey, part of its broader Survey of ...
A recent New York Fed survey found that only 13% of Americans actually believe they will be able to own a home one day. The dream of owning a home is fading for renters across the nation, as ...
A recent New York Federal Reserve study shows that a record-low number of renters believe they will ever achieve the traditional American dream of homeownership. The survey focused on renters ...
With mortgage interest rates remaining above 7% as the Federal Reserve keeps its benchmark rate at a 22-year-high, renters’ expectations that they’ll ever own a home dropped to the lowest ...
US renters are more pessimistic about their ability to ever own a home and households’ expectations of home-price growth has reaccelerated after falling last year, a new Federal Reserve Bank of New ...
A staggering 74.2% of renters now perceive obtaining a mortgage as either somewhat or very difficult, a sharp deterioration from previous years’ levels, the New York Fed noted. Adding to the ...
The share of renters in the U.S. who believe they will someday own a home has plummeted over the past year, as the home affordability crisis continues to make the American dream appear too far out ...