State of the Home Buyer: White House Promotes New Set of Tax Credits

Housing affordability remains out of reach for many in the U.S. population today. What’s the matter?

  • Mortgage interest rates haven’t eased in any kind of significant way so far this year. Maybe in June…
  • More than half of U.S. renters report struggling to pay for housing every month.
  • Some would like to buy their own homes, but at this point call that a dream.

Joe Biden’s March 2024 State of the Union address laid out the latest plan to help. Here’s an update on the issue, and how the administration intends to deal with it.

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