Archive for November 2020
Closing the Gaps: Building Black Wealth through Homeownership
Homeownership is the primary contributor to wealth building for Black households and continues to hold promise for building multigenerational wealth and housing stability for households of color. However, wealth is not accruing equitably to Black homeowners due to a long history of structural barriers and added costs. Households with little to no wealth are far…
Read MoreTransUnion: Popularity of 15-, 20-Year Mortgages Continues to Grow
TransUnion, Chicago, said as low interest rates drive refinance activity, short-term loans—i.e., 15-year and 20-year mortgages—continue to increase in popularity, a trend that played out in the third quarter.
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