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Homeownership Rate and Homeowner Equity

Created on June 18, 2014

Homeownership Rate and Homeowner Equity

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Read the original report, "Why Is Federal Housing Policy Fixated on 30-Year Fixed-Rate Mortgages?."

While the overall U.S. homeownership rate has remained relatively steady for nearly 50 years, homeowner equity as a share of total household real estate began declining in the mid–1980s.

Source: Federal Reserve Bank of St. Louis, “Homeownership Rate for the United States,” http://research.stlouisfed.org/fred2/series/RHORUSQ156N (accessed June 3, 2014), and Federal Bank Bank of St. Louis, “Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level (HOEREPHRE), Percent, Quarterly, Not Seasonally Adjusted,” http://research.stlouisfed.org/fred2/series/HOEREPHRE (accessed June 6, 2014).

CHART 1 • BG 2917

Tags: fixed-rate-mortgage, housing, home, mortgage

Authors: John Ligon, Norbert Michel