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Black Families Left Behind in Housing-Wealth Gains
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When this country was founded, very few people could own homes—not due to lack of resources or desire, but because laws disallowed them from doing so. It took hundreds of years and tremendous bloodshed to get to this point, and even now, some practices and regions continue to perpetuate housing inequity...
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Homeowners aged 62 or older can use their home equity to receive a lump sum, a line of credit, or income through a reverse mortgage. While this might seem like a great way to enjoy your senior years or cover unexpected bills, there are risks involved with this type of loan...
