Home >> Tag Archives: Renting

Tag Archives: Renting

Low-Income Homeowners Feeling Same Struggle As Renters

Some may think owning a home means having more financial stability than renting, but a recent report says low-income homeowners are just as burdened by housing costs as renters. Housing shortages have sparked increasing home prices over the last few months and a higher share of homeowners and renters are facing affordability issues— a quarter of renters spending at least half of their income on rental housing compared to the 10 percent of homeowners. The generally lower income of renters normally explains this, but at a closer look at the numbers, they found that homeownership doesn’t protect low-income homeowners.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.