Latino Incomes Are Rising, So Why Are Their Homeownership Rates Dropping?
One big reason: Conventional credit-scoring methods work against them. BY BRENTIN MOCK As more Hispanic and Latino people decide to make America home, they’ve been less able to actually buy a home in recent years. The homeownership rate for Hispanic Americans was 45.4 percent in 2014–the lowest it’s been since 2000, and the first time…