Monday, 26 September 2022 | The Latest Buzz for the Appraisal Industry

Higher Interest Rates Spell Disaster for Racial Housing Gaps

According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black or Hispanic households. While the “standard narrative” is that higher interest rates, especially when combined with higher home prices and stagnant, if not lower incomes reduces affordability …

The post Higher Interest Rates Spell Disaster for Racial Housing Gaps appeared first on theMReport.com.

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