ARLINGTON, Va. — A study from the Mortgage Bankers Association’s Research Institute for Housing America says that lenders can increase national homeownership rates by creating products that curb borrower constraints.

The study, conducted for the institute by Stuart S. Rosenthal, a professor of economics in the Maxwell School at Syracuse University, asserts that eliminating borrowing constraints would boost the owner-occupancy rate among nonfarm families in the United States by 4 percentage points. Lifting such constraints can increase homeownership rates for low-income households by 10 percentage points and for young and middle-aged household heads by roughly 7 percentage points, it says. The current homeownership rate among nonfarm families is 67.5%.

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