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Fed Attempts to Moderate Housing Frenzy

“The Fed’s aggressive rate-hike campaign has worsened the generational homeownership divide,” said Sam Bourgi, Senior Analyst at CreditNews. “While more than 40% of all U.S. mortgages were obtained in 2020 or 2021, that’s been harder to get with mortgage rates at 22-year highs."

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Gen Zers Outpace Millennials, Now Leading U.S. Rental Demand

Millennials outweigh Gen Zers in terms of population, but not when it comes to renter households, according to a new report from the Joint Center for Housing Studies. Daniel McCue, Senior Research Associate, reveals the future of rental housing demand and projects the number of renter households both generations will add over the next decade.

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