Even though the Community Reinvestment Act does not apply to independent mortgage banks, these nonbank lenders provide a higher share of their mortgages in minority and low- and moderate-income neighborhoods than banks do, according to a new report from the Urban Institute.
With the legislature and local governments beginning to make decisions on how to spend billions of dollars in federal relief funding, two economic experts on Thursday urged policymakers to be mindful of equity as they chart a path forward for recovery from the COVID-19 pandemic.
With divergent homeownership levels blamed for yawning racial wealth gaps both nationally and locally, a group of housing and civil rights leaders have released a proposal to create 3 million net new Black homeowners by 2030.
As the market for vacation homes continues to forge ahead at an almost unprecedented pace, the two major suppliers of financing funds have put a lid on the number of mortgages for such properties they will buy from primary lenders.
Thanks to the unusually large jump in housing prices over the last 12 months, plus a major shortfall in state and county revenue from other sources, your property taxes may well increase by 2023.
It is not news that the Trump Administration was successful in getting the controversial Tax Cuts and Jobs Act of 2017 passed late last year.
The number of first-time home buyers has declined in 2017 and so has the percentage of their down payments.
The beginning of this month may have marked a turning point in the unending river of optimism about home price appreciation in Greater Boston.
Boston ranked 20th on a list of the 25 real estate markets at greatest risk of being in a bubble, according to a recently published article by the Urban Institute.
