The Inability to Afford a Down Payment Is Why Renters Keep Renting, According to a New Report from the Federal Reserve
The financial well-being of Americans has declined significantly over the past year, according to a new report by the Federal Reserve. In 2022, 73% of Americans reported doing “at least okay” financially—down five percentage points from 2021. Only 34% of those doing “okay” reported “living comfortably.” Furthermore, a tight housing market and an increase in […]





