Black homeowners were more than twice as likely as whites to have either skipped or deferred their most recent mortgage payments, according to a Social Explorer analysis of the July 26 Census Bureau’s Household Pulse Survey. The coronavirus pandemic that has thrown millions out of work caused 1.7 million Black homeowners – almost 15.2 percent of the total – to have trouble making housing payments last month.
Only 6.5 percent of white homeowners, who account for 71 percent of people who own their houses, reported missing or deferring their most recent housing payments. The survey also found 15.1 percent of Hispanic and 7.7 percent of Asian homeowners didn’t make their mortgage payments.
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Black Owner-Occupied Homes Across the U.S., 2018. Click here to explore further.