August 2022 Real Estate and Mortgage Report
Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: Over the past five recessions, mortgage rates have fallen an average of 1.8 percentage points from […]
Homeownership Rate in the U.S. Continues to Rise
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the […]