Black Homeowners Pay $13,464 More on Their Mortgages, Study Says

Bloomberg, Oct. 19, 2020–Yalman Onaran
Black borrowers pay $13,464 more over the life of a home loan, with interest, mortgage-insurance and tax expenses higher than for their White counterparts, further hurting African Americans’ ability to save for retirement, according to a new study.
https://www.bloomberg.com/news/articles/2020-10-19/black-homeowners-pay-13-464-more-on-their-mortgages-study-says