New Spotlights Shine on Homeownership Disparities
National Mortgage Professional, June 7, 2019–Phil Hall
NeighborWorks America has released a study that found a continued disparity in homeownership rates for African-American and Hispanic households. The study noted that while two-thirds of the general population own their home and one-in-four rent their home, the gap between owning and renting is much closer for African-Americans and Hispanics: 49 percent own their own home and 40 percent rent.
