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Federal Housing Administration

Hispanics' population rises, but their home ownership doesn't

WASHINGTON They make up the fastest growing segment of the U.S. population, yet Hispanics are increasingly locked out of home ownership because of tighter lending standards that rely on outdated measures of creditworthiness. Comprising more than 17 percent of the population right now and projected to double, Hispanics are a political and economic force to be reckoned with. And they potentially represent an answer to turning around a sagging national home ownership rate that's approaching levels not seen since before the fall of the Berlin Wall. The national rate of home ownership fell to 63.8 percent over the first three months of 2015. The last time it was lower was the final quarter...

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