Home >> Tag Archives: Renters (page 4)

Tag Archives: Renters

Low Credit Score May be Keeping Many Renters from Homeownership

An analysis of millions of credit reports comparing financial behavior patterns of those who currently rent and those who have a current mortgage revealed that tens of millions of renters might not qualify for a mortgage due to a low credit score—and that a large share of renters have other outstanding debt that is currently in collections.

Read More »

What’s Keeping Renters From Homeownership?

Seventy percent of renters still believe that renting is more affordable than owning a home and 55 percent of renters plan to continue renting for at least the next three years, according to a Freddie Mac survey.

Read More »

Homeowners on Fast Track to Break Even on Purchases

When deciding whether or not to buy or rent a home, purchasing a home is typically more favorable in many of today's housing markets, depending on how long a buyer plans to stay, but one generation still struggles with the buy vs. rent decision.

Read More »

Freddie Mac Finds Rising Rents are Not Pushing Homeownership

New Freddie Mac research reveals that despite rising rents, the majority of renters are not motivated to purchase a home and positive perceptions about renting are increasing. Harris Poll was selected by Freddie Mac to conduct the survey of more than 2,000 U.S. adults online in March 2015 to get their renting viewpoints.

Read More »

Confidence Gap Between Renters and Owners Continues to Shrink

Renter confidence rose 4.4 points from last year to 62.4, with roughly 5.2 million renters saying they expect to buy a home this year. That’s an increase of 1 million from last year, when 4.2 million renters said they expect to buy a home. Homeowner confidence rose 3.3 points from last year to 70.6.

Read More »

Few Renters Expecting to Purchase a Home Anytime Soon

In a survey of more than 2,000 American adults, 61 percent of renters said they don't plan to purchase a house at any point in the next three years, Freddie Mac said Monday. When asked why they expect to keep renting for the near future, half of respondents said they can't afford to make a down payment for a mortgage, while 38 percent said they can't afford a monthly mortgage payment.

Read More »

GET THE NEWS YOU NEED, WHEN YOU NEED IT.

With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.