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The mid-pandemic housing boom created affordable pathways to homeownership for minority buyers, narrowing a historically rooted racial gap that has pushed Black, Latino, and Asian households into the rental market for decades
Points presented aim to encourage lenders to reach more borrowers
Buying a home is becoming a near-impossible feat for a growing number of house hunters all across the U.S., but for young minority buyers, the path to homeownership is obstructed in more ways than one
The Obama administration’s long-awaited proposal for reforming the U.S. mortgage market calls for shuttering both Fannie Mae and Freddie Mac over a period of five years or more. The two agencies, along with the Federal Housing Administration, currently
Millennials are losing out to older generations in the hunt for affordable, entry-level housing
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