Home prices are still soaring. Affordability grows more challenging by the month. Even so, homeownership remains very much part of the American dream, a Bankrate survey finds.
Bankrate’s Financial Security survey for March shows that Americans place a higher value on homeownership than on any other indicator of economic stability, including a successful career and a college education.
Meanwhile, Americans who have yet to achieve homeownership say the combination of soaring home values and rising mortgage rates are holding them back.