Posts with tag homeownership

By Dan Caplinger Ever since the end of the boom years of the early 2000s, the housing market has struggled to hit bottom, seemingly plowing ever lower even after years of declines. As a result, millions of former homeowners have lost their homes, while millions more owe more on their mortgages than their current homes are... Continue Reading »

By Sheryl Nance-Nash Here's more evidence that the foreclosure crisis has changed the way we think about homeownership's place in the American dream. Nearly half of those polled in a newly released survey said that owning a home today was a "nightmare." Nearly 70 percent of those surveyed by Home Value Insurance Company... Continue Reading »

Despite the most affordable buying market in decades, households across the country are slowly choosing rentals versus homeownership, signaling a positive economic trajectory for the multifamily sector, according to Freddie Mac's October 2011 economic outlook report, released Monday. In the year ending June 2011, the... Continue Reading »

WASHINGTON -- Fixed mortgage rates hovered at record lows for a third straight week. They are likely to fall even further now that the Federal Reserve said it would shuffle its holdings to drive down long-term interest rates. The average rate on the 30-year fixed mortgage was unchanged at 4.09 percent this week, Freddie... Continue Reading »

Americans have been skittish about buying new houses since the collapse of the real estate bubble. But they remain committed to the idea of homeownership, even if it's unclear how or when demand will pick up and drive a market recovery. A recent survey published by the real-estate site Trulia shows that 70 percent of... Continue Reading »