More nonwhite homebuyers and fewer White buyers have been taking out mortgages over the past five years, according to a data analysis by Redfin (NASDAQ:RDFN). Slightly less than two-thirds (62.2%) of new mortgages issued in 2023 went to White homebuyers, down from 64%...
One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined that...
The gap between the share of Black and White households in rental properties that could comfortably afford a mortgage payment narrowed during the pandemic, according to new data from Zillow (NASDAQ:Z, ZG). Zillow cited American Community Survey statistics from 2022...
A Phil Hall Op-Ed: For some reason, I wasn’t invited to be a moderator at Wednesday’s Republican presidential primary debate – obviously, I need to talk to Rupert Murdoch about that oversight. However, if I was in the position to ask questions of the individuals...
U.S. Bank (NYSE:USB) has launched a mortgage special purpose credit program designed to expand access to homeownership within predominantly minority communities. The U.S. Bank Access Home Loan provides qualified borrowers with up to $12,500 in down payment assistance...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
