Black Renters in ‘Harsh’ Situation

August 18, 2022 Kyle G. Horst

The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters in particular has been particularly harsh—the share of Black renter households who could afford the median-priced home fell by 44%.  Raheem Hanifa, a Research Analyst at the ...

The post Black Renters in ‘Harsh’ Situation appeared first on theMReport.com.

Previous Article
Inconsistent Mortgage Rates Dip Once Again
Inconsistent Mortgage Rates Dip Once Again

Following the up-and-down pattern of the 10-year Treasury, mortgage rates fell to 5.13% this week according...

Next Article
Roughly 16M Homes Remain Vacant Nationwide

A new analysis from a March LendingTree study found more than 16 million vacant housing units in the U.S. T...