Mortgage discrimination and appraisal bias are eroding Black homeownership gains, according to the National Association of Real Estate Brokers’ State of Housing in Black America. …
Posts published in “Black homeownership rate”
Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers…
In its latest study, the National Association of Realtors explained how discrimination, income inequality and skyrocketing housing costs are keeping Black Americans behind. Source: Inman…
A new study reveals how market conditions during the pandemic have made it harder to close racial homeownership gaps, as minorities tend to earn less…
In the first quarter of 2021, the homeownership rate among Black Americans was 45.1 percent compared to 73.8 percent among white Americans. Source: Inman News
The home equity gains made by Black homeowners in recent years are worth celebrating, but there’s a long way to go. Here are a few…
The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in…
Chase Bank launched its revamped Homebuyer Grant program, which will provide a $5,000 grant for qualified buyers in majority Black communities. Source: Inman News
The National Association of Realtors’ latest report revealed the systemic issues in housing, education and jobs keeping minority homebuyers behind. Source: Inman News
HomeLight and the National Association of Real Estate Brokers have partnered to launch a new initiative that will provide financial resources and a year of…