Home » Short Takes: There Goes the Stock Market, Maybe Jumbos Too / Oh, and the Homeownership Rate? Kiss That Goodbye Too / PennyMac Faces Stiff Competition in Correspondent / CoreLogic Sees Home Prices Rise But Offers Caution / SunTrust Cuts Buyback Deal
Short Takes: There Goes the Stock Market, Maybe Jumbos Too / Oh, and the Homeownership Rate? Kiss That Goodbye Too / PennyMac Faces Stiff Competition in Correspondent / CoreLogic Sees Home Prices Rise But Offers Caution / SunTrust Cuts Buyback Deal
The U.S. homeownership rate fell to 63.9 percent in 2012, according to figures compiled by the Census Bureau through its American Community Survey. In case youre keeping tabs, its the fifth year in a row that the rate has gone south.