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Renting is slightly cheaper than buying, pushing Gen Z to rent more often than buy

Renting takes up 23% of Gen Zers income while buying often takes 30% of their income.

San franciscoUnited statesNew yorkLos angelesJiayi xuRedfin economic research lead chen zhaoGen zersSan joseAnn arborEconomic research lead chen zhao

Mortgage rates are nearing 7 percent as inflation ticks back up: Freddie Mac

Due to inflation and rising demand, rates and housing prices are up.

United statesSam khaterFreddie macFederal reserveRedfin economic research lead chen zhaoEconomic research lead chen zhaoPersonal finance

Mortgage rates are nearing 7% as inflation ticks back up: Freddie Mac

Due to inflation and rising demand, rates and housing prices are up.

United statesSam khaterFreddie macRedfin economic research lead chen zhaoFederal reserveEconomic research lead chen zhao

Mortgage Payments Hit All Time Highs

Elevated mortgage rates are making the monthly home loan payments expensive.

Freddie macFederal reserveRedfin economic research lead chen zhaoMortgage news dailyConsumer price indexEconomic research lead chen zhao

Mortgage rates are nearing 7 percent as inflation ticks back up: Freddie Mac

Due to inflation and rising demand, rates and housing prices are up.

United statesFreddie macSam khaterFederal reserveRedfin economic research lead chen zhaoEconomic research lead chen zhaoPersonal finance

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