21 Jan 2024 7:49 am
Interest rates don't mean squat if you don't have a down payment, sufficient income or a decent credit score.
Published by Statista Research Department, Jan 8, 2024
According to a December 2022 survey, among the main reasons why non-homeowners do not currently own a home in the United States are not having enough money saved for a down payment (34 percent) and low income (31 percent). Almost a third of respondents also said that they are currently holding off on buying a house due to their credit score (30 percent).
Published by Statista Research Department, Jan 8, 2024
According to a December 2022 survey, among the main reasons why non-homeowners do not currently own a home in the United States are not having enough money saved for a down payment (34 percent) and low income (31 percent). Almost a third of respondents also said that they are currently holding off on buying a house due to their credit score (30 percent).