While Hispanic homeownership rate is on the rise, the black homeownership rate has fallen 8.6 percentage points since its peak in 2004, hitting an all-time low in the first quarter of this year, according to census data. This divergence marks the first time in more than two decades that Hispanics and blacks, the two largest racial minorities in the U.S., are no longer following the same path when it comes to owning homes. Analysts...

Source: Wall Street Journal July 15, 2019 09:22 UTC