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…
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TransUnion: 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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NEWS: The Fall Real Estate Market Is Abnormally Hot As Mortgage Rates Break Records

The coronavirus pandemic has remade what’s normal, and homebuying is no exception.
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NEWS: Millennial Update: They’re Buying Houses and Going into Debt to Fix Them Up

Reports by Ellie Mae and Bankrate.com show Millennials are pulling out their wallets not only to purchase homes, but to fix them up as well.
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