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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...