Hispanics American dream hit by mortgage crisis

Posted on: March 18th, 2007
Filed Under: [ Top Stories ] [ Real Estate ] [ Your Money ]
HispanicTips has 43,057 stories & 115,000+ visitors a month..

“Hispanic immigrants across the United States are being hit hard by the subprime mortgage crisis, with many risking their life savings in a failed bet on the American dream of owning their own homes.

Hispanics hold up to 40 percent of mortgages in the troubled subprime loan market, where higher interest rates are charged to buyers with a damaged credit history or little borrowing experience.”

Source: http://today.reuters.com
Fuente Traducido: usando Google o Altavista/Babel Fish

Stumble it! | | AddThis Feed Button

Other posts that may interest you

Mortgage Crisis Hurts Black, Latino Economic Progress

Subprime Mortgage Crisis: Nightmare of the “American Dream” for Black and Latino People

Immigrants hit hard by US slowdown, subprime crisis

American Dream part two: Dream comes true…mostly - playing for the Colorado Rapids

Housing Foreclosures Close in on Hispanic Community

Mortgage crisis has been hard on Latinos - Dallas

GMAC Mortgage Offers Special Mortgage Services to US Hispanic Chamber of Commerce Members and Employees

NAHREP, NCLR Issue Report on Mortgage Lending Crisis and its Impact on Hispanic Community

Immigrant familys effort to live the American dream ends in tragedy - Maryland

Study: Minorities’ ’dream’ foreclosed - The subprime-mortgage crisis will cost black and Hispanic homeowners up to $256 billion - the worst financial hit for minorities in modern U.S. history, a new study finds.

2nd Espisode of Ylse (not an ad but a Latina's web show) --»

Blogente

View latest posts of some of these at Blogente.com

If you are a Hispanic/Latino blogger who posts regularly and wants your link on 71,000 pages contact me.

Event Calendar
September 2008
 123456
78910111213
14151617181920
21222324252627
282930  

Full Event Calendar

Upcoming Events

  • : 2008 Alma Awards
  • : The United States Hispanic Chamber of Commerce (USHCC) - 29th Annual National Convention & Business Expo
  • : Indiana University Latino Alumni Association announces reunion
  • : 10th Strengthening & Valuing Latino/a Communities in Iowa Conference Nuestro Tapiz de Colores: Weaving the Threads of Our Past, Present, and Future
More Search Options

Search in Best Categories

Use HispanicTips' Internal Search - Entire Site

Use Lijit to Search Site + Blogente

Search Using Google

Check us out!

Feedback Form