For those readers that would like to delve into the issue of race and mortgage lending rates, the Intitute on Race and Poverty at the University of Minnesota has published a new report entitled: "Communities in Crisis," that shows strong racial disparities in mortgage lending in the Twin Cities metropolitan area.
The full report, in PDF format, can be found here: http://tinyurl.com/c89cml
To view a video of the presentation, visit: http://tinyurl.com/cgpku5
The Minnesota Home Ownership Center recommends that ALL homebuyers learn the ins-and-outs of the home buying process - including the mortgage application process - before signing anything that may put your home, or financial future, in jeopardy. If you're thinking of buying a home... think HOME STRETCH first! Learn more here: http://www.hocmn.org/buyahome.cfm