Tag Archives: Mortgage
What happened to black homeownership?
Source: Mortgage News Daily Homeownership by black Americans has "declined to levels not seen since the 1960s when private race-based discrimination was legal." Like most demographic groups, black Americans saw homeownership gains...
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9 home-buying myths to stop believing
Source: Realtor.com When you’re ready to make the jump from renter to homeowner, beware of the most common misconceptions about home buying such as thinking looking for homes is the first step. Instead, before homebuyers get started, they...
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Tax relief bill for distressed California homeowners deep-sixed
Source: Sacramento Bee Senate Bill 907, authored by Sen. Cathleen Galgiani (D-Manteca) died in the Legislature earlier this month. The bill would have extended through 2016 a tax break for millions of Californians with underwater homes. These...
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Homeownership Rate in the U.S. Tumbles to the Lowest Since 1965
Source: Bloomberg The share of Americans who own their homes was 62.9 percent in the second quarter, the lowest since 1965, according to a Census Bureau report just released. As rising prices put buying out of reach for many renters, it was the...
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Does Home Buyer Education Lead to Housing Stability?
Source: DSNews.com Borrowers are making better choices to achieve housing and financial stability thanks to counseling programs in mortgage literacy and preparedness, home buyer outcomes, and loan performance, according to a new report from the...
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