Reading List

Black Home Mortgage Borrowers Pay More in NYC, New Study Finds from THE CITY - All RSS feed.

Black Home Mortgage Borrowers Pay More in NYC, New Study Finds

A for-sale sign advertised a hone in the Wakefield section of The Bronx.

Three major banks charged Black homeowners in New York City more interest on their mortgages than they did white borrowers, according to a new analysis of loan data by The New Economy Project, a racial and economic justice advocacy group. At Bank of America, Citibank and JP Morgan Chase, white borrowers received interest rates of […]

The post Black Home Mortgage Borrowers Pay More in NYC, New Study Finds appeared first on THE CITY - NYC News.