Overview Most people in the U.S. use a mortgage from a bank or other financial institution to finance a home purchase. But tens of millions of Americans also have used…
Tag: Financing
Millions of Americans Have Used Risky Financing Arrangements to Buy Homes
Overview Most homebuyers in the U.S. use mortgages to purchase their homes. However, many others use alternative financing arrangements, such as rent-to-own, that research indicates are generally riskier, more costly,…