From: todo y nada <y_nadatodo@...>
Date: Thu, 08 Sep 2005 09:04:25 -0700
Subject: hispanics/ latinos/ MeXicano/as HIGH INTERST LOANS why??
hispanics/ latinos/ MeXicano/as HIGH INTERST LOANS why??
If you're thinking of buying a house or refinancing, this Mercury News
articles could be pretty useful. It turns out that Latinos receive the
highest interest rates among Whites, Asians, Blacks and Native Americans.
This is true even when comparing by similar income levels. Good thing were
not Latinos. This may be true in your neck of the woods tambien!!!
Total Number of Loans
White 39%
Asian 36%
Latinos 14%
Black 1%
American Indian .3%
Number of High-rate loans
White 22%
Asian 16%
Latinos 47%
Black 3.8%
American Indian .8%
These figures are only for Santa Clara County, but the same study as proven
similar results in LA County.... the rest of USA??
http://www.mercurynews.com/mld/mercurynews/business/12579054.html
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