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Government Lending

Politics and money news can have a swift and significant impact on the housing industry, whether it’s related to policy changes that will directly affect the mortgage industry or a change in political leadership that is expected to trickle down and impact the mortgage and housing industries. As a housing market professional, it’s important to stay informed on politics and money news and understand how it may affect the housing and mortgage industries now and in the future.
HousingWire’s politics and money coverage, which spans breaking news, expert commentary and more, can keep you up to date on the news and coverage that matters to you. 

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Homeownership rate for black Americans drops to record low 

Jul 25, 2019By

The homeownership rate for black Americans fell to 40.6% in the three months through June, the lowest level in the Census Bureau’s quarterly data going back to 1994, according to a government report on Thursday. It was the smallest share recorded for black households since the 1950 decennial Census when it was 34.5%.