New Report Shows Saving for Mortgage Down Payment is a Substantial Barrier to Homeownership that Particularly Hits Communities of Color and Essential Workers
Data reflects dire need for down payment assistance and student debt relief that would help support path to homeownership WASHINGTON, D.C. – Today, the Center for Responsible Lending (CRL) released a new report “ Hardship for Renters: Too Many Years to Save for Mortgage Down Payment and Closing Costs.” The report calculates how long it would take for a typical...