Friday, February 13, 2009

UMN Report on Race and Mortgage Lending

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:

To view a video of the presentation, visit:

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:

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