• Why Black Homeownership Rates in the U.S. Continue to Lag

  • Feb 1 2023
  • Length: 20 mins
  • Podcast

Why Black Homeownership Rates in the U.S. Continue to Lag

  • Summary

  • Black homeownership rates in 2022 are lower than they were in the 1960s. It doesn’t have to be this way. Tai Christensen, Chief Diversity and Public Relations Officer at the social enterprise Arrive Home, breaks down what’s behind the Black homeownership gap in the U.S. She also details how education, down payment assistance*, and better representation in the mortgage industry can close that gap.  

    Resources mentioned in this episode: 

    National Association of Real Estate Brokers (NAREB)

    The National Association of Hispanic Real Estate Professionals

    The National Association of Minority Mortgage Bankers of America

    Arrive Home

     --

    Connect with Tai Christensen on LinkedIn. 

    Disclaimers

    *Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.

    The information in this podcast is distributed for educational purposes only. The information is not guaranteed to be accurate and may not entirely represent the opinions of Fairway Independent Mortgage Corporation.

    Copyright©2022 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. Fairway is not affiliated with any government agencies. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.

    Fairway is required to disclose the following license information. AZ License #BK-0904162; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License; Georgia Residential Mortgage Licensee #21158; For licensing information, go to www.nmlsconsumeraccess.org; MA Mortgage Broker and Lender License #MC2289; Licensed Nevada Mortgage Lender; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker-NYS Department of Financial Services; Rhode Island Licensed Broker & Lender; Fairway Independent Mortgage Corporation NMLS ID #2289 (www.nmlsconsumeraccess.org).

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