Here's a look at the latest developments in mortgages, homeownership, and beyond.
Housing market growth soars, while broader economic recovery lags
A confluence of factors, including pent-up demand after nationwide lockdowns, a new wave of millennial homebuyers, and a desire to own real assets as the financial markets continue to be unpredictable, have contributed to the housing market's relatively quick rebound.
Housing affordability has improved, but the future is uncertain
Record-low mortgage rates have opened up access to homeownership for lower-income Americans, but more than 75% of house hunters still find themselves priced out. Read more
Homeownership just hit its highest level since 2008
The U.S. homeownership rate leapt to 67.9% in the second quarter of 2020, reaching a 13-year high. Read more
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Outback Steakhouse - 2202 N. West Shore Blvd. Suite 500 Tampa, FL 33607
