Blacks and you may Hispanics deal with a lot more challenges in getting mortgage brokers

Blacks and you may Hispanics deal with <a href="https://loan-finances.com/payday-loans-tn/">Tennessee payday loans</a> a lot more challenges in getting mortgage brokers

Homeownership from the U.S. has fell greatly because the construction boom peaked about mid-2000s, even in the event it’s declined more for many racial and you can ethnic groups than for others. Black and you will Hispanic properties today are still significantly less likely than light property for their own house (41.3% and you can 47%, respectively, versus 71.9% getting whites), in addition to homeownership pit anywhere between blacks and you will whites has broadened just like the 2004. (more…)

Continue ReadingBlacks and you may Hispanics deal with a lot more challenges in getting mortgage brokers