Renter Finances Improve: Is Homeownership Next?

Renters are in better financial straits than they were just six months ago. Is homeownership next?
The answer, according to a recent Freddie Mac survey, is unclear. Although 41 percent of the renters surveyed reported having more cash left over after payday, up from 34 percent in September 2016—and ideal for saving on a down payment on a home—only 15 percent reported working toward homeownership, down from 21 percent in September. Thirty-eight percent of those surveyed do not expect