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Article: Hispanic Homeownership Barriers Start To Fall.
- Article from:
- PR Newswire
- Article date:
- September 13, 2005
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Congressional Hispanic Caucus Institute Study Reveals How a More Responsive Housing Industry Increased U.S. Hispanic Homeownership; More Gains Needed
WASHINGTON, Sept. 12 /PRNewswire/ -- A new study released today by the Congressional Hispanic Caucus Institute's (CHCI) HOGAR (Spanish word for home) Initiative suggests that a combination of factors that complement Hispanics strong desire for homeownership and strong work ethic, have helped increase the U.S. Hispanic homeownership rate; from 46.1% in September 2003 to 49.7% in March 2005.
The main recommendations of the study suggest that in order to nudge the Hispanic homeownership rate higher, mortgage ...