Thursday, June 01, 2006

Ah so good to know how far we have come

"The study, released Wednesday, found that blacks were 29 percent more likely to pay a high interest rate on a fixed-rate home purchase loan. A Hispanic borrower also was more likely to pay a high rate, it found.
'African Americans and Latinos are paying a premium for home loans because of the color of their skin,' said Hilary Shelton, director of the NAACP's Washington bureau."

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