Latino homeownership lagged 22 percentage points behind white homeownership in 2021 and experienced significantly higher mortgage denial rates than their white counterparts, according to Fannie Mae’s new Latino Housing Journey. Click through for more on the disparities Latino households face and policy solutions that could increase homeownership opportunities.
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How Language Impacts Homeownership
Can a person’s language preference keep them from achieving the American Dream of owning a home? According to a study by the Urban Institute, the answer is yes. ...
Read More »FHFA: Preferred Language Question In Interest of Mortgage Market
For those with a language preference, the Federal Housing Finance Agency has decided to add the new question to its loan application process.
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