海角大神

Rates for longterm mortgages in the US continued dropping this week, likely an encouraging sign for people considering buying a home.

The average from 3.61 percent last week, reaching a three-year low, the mortgage buyer Freddie Mac said Thursday. For 15-year mortgages, the average dropped to 2.81 percent from last week's 2.86 percent.

But the numbers come as the number of middle class Americans 鈥� for whom owning a home was long a symbol of success 鈥� has been steadily declining for more than a decade in urban areas, while home ownership since the 2008 financial crisis.

Meanwhile, the share of income many Americans pay in housing costs has also increased, dramatically in some cases, in the past 15 years.

The percentage of Americans living in a middle-income household fell from 55 percent in 2000 to 51 percent in 2014, according to a study .

The low mortgage rates are also impacted by a mixed jobs picture. "Disappointing April employment data once again kept a lid on Treasury yields, which have struggled to stay above 1.8 percent since late March," said Sean Becketti, chief economist of Freddie Mac, . "Prospective homebuyers will continue to take advantage of a falling rate environment that has seen mortgage rates drop in 14 of the previous 19 weeks."

Increasingly, Americans are migrating across class lines, into either upper-income or lower-income brackets, Pew found, a trend that's impacted by decreasing wages and growing levels of wage inequality between the wealthiest Americans and the 99 percent.

"Because of the economic downturn, employment took a huge hit, and there is still a fair amount of slack in the labor market, [which is] going to keep income on the lower side," Rakesh Kocchar, Pew's associate director of research, told 海角大神.

Despite the changing economic circumstances, particularly for younger Americans, aspirations to own a home haven't diminished, :

"Millennials may be staying in the city longer than previous generations, but their long-term aspirations remain fixed on buying a single-family house," he writes. "This trend will accelerate in the next few years, economist Jed Kolko, as the peak of the millennial population turns 30."

But these low rates have sparked only a slight increase in mortgage applications, from the Mortgage Banker's Association.

Sky-rocketing rents, which have forced many middle-class and low-income families out of urban areas, would seem to make buying a house a more attractive option.

Low-income renters on rent in 2014, a Pew analysis of government data found, while low-income families who owned their homes spent nearly 20 percent. A year earlier, by contrast, those renters spent just over 30 percent of their income on housing.

For middle-income families, who spent 25 percent of their income on housing regardless of whether they owned or rented a house in 2014, the distinction wasn't as dramatic, though middle-income owners spent less of their incomes than renters.

Some mortgage companies have particularly tried to seize on this trend, with Quicken Loans airing an ad during this year's Superbowl with the slogan "Push Button, Get Mortgage" that some argued was reminiscent of pre-2008 home-lending practices.

Executives from Quicken dismissed those concerns. "I in those who qualify getting a mortgage more easily," Quicken Loans President Jay Farner told CNET in January. "We think the American dream is an important thing. And our research tells us it's an important thing. All we're trying to say is, that's good."

But the advantages could be outweighed by other factors, 聽in the US money blog:

More than any other single factor, what anyone wrestling with the buy v rent decision needs to ponder is the extent to which they are stable鈥� That鈥檚 because while a house purchase can make sense 鈥� even tenuously 鈥� when you run the math, it may still not be wise when you examine life circumstances.