Posts with tag minority home ownership

New Down Payment Rules May Be Discriminatory

Ready to cough up a higher down payment to buy a home? Mortgage financing availability was cited as the single-greatest factor prohibiting people of color from fulfilling dreams of homeownership, according to a March survey of multicultural real estate professionals -- some of whom say policy makers need to do more for... Continue Reading »

The Incredible Shrinking Home-ownership Rate

Think time travel is impossible? Then explain how we've moved the clock back to 2003. The latest Census stats on homeownership show that just 67 percent of U.S. households own their home, down from a peak of 69 percent in 2007. That brings the share of homeowners back down to its level seven years ago. The nation... Continue Reading »

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