Report after report suggests that Americans have become wary of homeownership and prefer the lack of commitment that often accompanies renting.
But one group who should be rather wary of homeownership says this just isn't the case.When asked if renting or homeownership is better for building up wealth, 74% of delinquent borrowers sided with owning. Seventy-percent said it was better in terms of their overall tax situation, while 73% said ownership is better than renting when it comes overall financial health. Delinquent borrowers also want to save their homes, but where they are not succeeding is when it comes to refinancing. But aside from that, homeownership remains a dream for most of them even if they are facing a few dark hours in the process of keeping the dream alive. See Mortgage Rates Fallto Lowest Levels Since June:
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