Perceived ease of getting a mortgage in the U.S. 2011-2024, by age group

Published by Statista Research Department, Oct 1, 2024

Obtaining a mortgage loan in the United States has gotten more difficult, according to the results of a national representative survey. The youngest generation has been most impacted, with only about 25 percent of respondents aged 18 to 34 saying it would be easy to get a mortgage in August 2024. For prospective homebuyers over 65 years, this share stood at 53 percent. Except for the oldest generation, respondents of all age groups were overall more positive about their chances of being approved for home financing before the second half of 2021, when the monetary policy started tightening and interest rates rising. 

Prospective homebuyers' opinion about the ease of getting a mortgage in the United States from January 2011 to August 2024, by age group

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Release date

September 2024

Region

United States

Survey time period

January 2011 to August 2024

Number of respondents

1,000 respondents

Age group

18 years and older

Special properties

National representative survey

Method of interview

Online survey

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Topics

Millennials homeownership in the U.S.Housing market in the U.S.Apartments in the U.S.Residential construction in the U.S.Residential real estate in New York
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