The Downside of Bigger Down Payments: Locking Blacks Out of the Housing Market
By
The Editors
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January 24th, 2012
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Category:
Economic Justice
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By Deborah Siegel
A new study warns that a Federal proposal to require a minimum 20 percent down payment of prospective of prospective homebuyers would substantially hurt the chances of many African Americans and Latinos to get such mortgages.
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