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High Mortgage Rates Make the American Dream of Owning a Home Unattainable
Homenewshere.com· 1 day agoHigh mortgage rates in the US are making homeownership unattainable for many Americans, affecting...
Black mortgage applicants are denied more than twice as much as white applicants
Quartz· 2 days agoDespite growing homeownership rates among Black Americans, mortgage applications from Black borrowers are still getting denied at far higher rates than others. Just shy of ...
Black Homeownership Rate Increases But Remains Below 2004 Level
National Mortgage Professional· 2 days agoThe homeownership rate for Black households has grown faster than average since 2019, but it's still below the high-water mark reached in 2004, before the Great Recession. That's according to a report from Zillow.
Zillow: Black homeownership has risen, but not to 2004 level - HousingWire
HousingWire· 1 day agoThe homeownership rate among Black Americans has risen at a faster-than-average rate since 2019, but...
Why Not Invest Directly In Families? It Works.
Forbes· 7 days agoDr. Aisha Nyandoro in Jackson, Mississippi, has designed and implemented the longest running guaranteed income initiative in the United States—called the...
For some millennials, the reality of their retirement plans is that they're a fantasy
Business Insider via Yahoo Finance· 1 day agoThe rich get richer. Seven US tech billionaires have enjoyed a $230 billion surge in wealth this...
What Would It Take for Homes To Be Truly Affordable for the Lower Middle Class?
GOBankingRates via Yahoo Finance· 6 days agoThe median homeowner has a net worth ($396,200) nearly 40 times higher than the average renter...
A 20% down payment is ‘definitely not required' to buy a house, economist says. Here's how much you...
NBC Philadelphia· 7 days agoAbout 77% of future homebuyers have started putting money aside for a down payment, according to a...
Average Americans see very different 401(k) retirement savings
TheStreet.com· 1 day agoTwo demographic groups find that one major economic event impacted their retirement savings in very different ways. As financial markets were profoundly battered by the Great Recession of December ...
Wole Coaxum transforms financial access with MoCaFi
Rolling Out· 2 days agoTwo years later, he launched Mobility Capital Finance, Inc., or MoCaFi, as a digital banking platform that would target the more than 50 million unbanked...
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related to: mortgage, wealth gapbestmoney.com has been visited by 100K+ users in the past month