Nancy Atwell, the Multifamily COO and SVP for Fannie Mae, has authored a new Perspectives Blog post focusing on renters and their credit reports using data from a new poll that found a sound majority of renters want their rent payments to count towards improving their credit file kept by the three credit bureaus.
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Renting Remains More Affordable Than Buying in Most Large U.S. Metros
According to Realtor.com's August 2023 Rental Report, buying a starter home in the top 50 metros cost approximately 60.3% more than renting, while median U.S. rents experienced their fourth consecutive month of year-over-year declines.
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