Over the last five years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. In a recent study by the Federal Reserve that question was formally answered.
Some of the findings revealed in their report:
The Fed study found that homeownership is still a great way for a family to build wealth in America. Experience matters when choosing a mortgage company. Contact one of our licensed mortgage professionals today for a complimentary mortgage review.