Why are Homeownership Rates Falling?

  Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the board.  From 2002 to 2018, the homeownership rate for ages 35-64 have fallen, and some by nearly 10%.  “The homeownership rate started to decline in 2004–2005 in …

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Source: DS News