Renters' hopes of owning home drop to record low: NY Fed survey

Renters' attitude toward owning a home continues to sour, according to a survey out from the Federal Reserve Bank of New York, which shows the share of renters who believe they will own a home one day has plummeted to an all-time low.

Yahoo Finance Housing Reporter Dani Romero joins Wealth! to break down the survey results and how overbearing mortgage rates still are for prospective homebuyers.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino