Tag Archives: Black Homeowners

While racial disparities in housing pose challenges for homebuyers nationwide, a new report from LendingTree revealed that in the 50 largest U.S. metros, Black Americans are nearly 2% more likely to be denied a mortgage than the overall population.

A new commentary and research piece by Jacob Channel, LendingTree’s Senior Economist, hits on the topic of racial inequities in homeownership—particularly the share of homes owned by Black identifying Americans compared to the share of Black people living in the same area.

The National Association of Real Estate Brokers has released its “State of Housing in Black America Report,” which aims to provide a comprehensive annual analysis of Black homeownership and the historic barriers they face when seeking to purchase a home.

While Black and Latino households have often been disproportionately affected by predatory lending practices, homeownership rates have increased nationwide for both. However, lack of affordable housing and high interest rates may pose challenges moving forward.

The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters in particular has been particularly harsh—the share of Black renter households who ...

Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth.  But in terms of wealth inequality, how far does homeownership go toward closing the ...

The single-family home has been the main driver of wealth building among the middle class and that ideology has affected policy in one way or another in seeming every facet of the government.  “Owning a home is undoubtedly an effective ...

It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone equally—Americans of color, most notably Black Americans, have been disproportionately affected by ...