Free US Mortgage Rates vs Homeownership Trends from 2020 to 2025
The chart compares US Mortgage Rates vs. Homeownership Trends from 2020 to 2025. Mortgage rates remain relatively low but fluctuate slightly, while homeownership rates show sharp variations. After peaking in 2021–2022, homeownership declines in 2023, recovers in 2024, and then drops sharply by 2025. The data highlights how changing mortgage rates, along with generational market shifts, influenced buying behaviors.
| Labels | Mortgage Rates | Homeownership Percentage |
|---|---|---|
| 2020 | 2.1 | 55.5 |
| 2021 | 5 | 66 |
| 2022 | 3.5 | 65.8 |
| 2023 | 2 | 52.2 |
| 2024 | 4.5 | 66.5 |
| 2025 | 5 | 40.7 |
