5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study

Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages.
That’s according to findings of a new white paper titled, “Hurdles to Homeownership: Understanding the Barriers” released Friday in recognition of National Homeownership Month at the National Association of Realtors&