Tag: mortgage
I am neither Black nor Hispanic but can relate in one small way to the difficulty so many people of color have coming up with a down payment for a house. Years ago, as a single person, I didn’t have the cash for a down payment either. But I was able to borrow $10,000 from…
Introduction As the U.S. population ages and lifespans increase, it is important to understand how aging affects an individual’s ability to access credit. Older homeowners tend to have more financial resources and better credit scores than their younger counterparts, so one would expect that they could borrow more easily. But is that true? This…
