Charlie Turner
speaker
4,985 appearances
165 recordings
1 series
first heard Jul 2017
last heard Aug 2021
Charlie Turner’s voice in public audio — every appearance, attributed to the second.
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Appearances
Whelan.
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Last year, millions of American homeowners took advantage of low interest rates to refinance their mortgages.
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But black households were largely left out of the refinancing boom.
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Coming up, our reporter J.J.
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McCorvey will discuss why so few black homeowners renegotiated their mortgages.
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That's after the break.
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2020 was the year of the pandemic, but it was also the year that millions of Americans chose to refinance their mortgages.
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Eight million people refinanced last year, according to Freddie Mac.
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However, not everyone caught the refinancing wave.
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From January to October of last year, only 6% of Black homeowners refinanced their mortgages versus 12% of white borrowers, according to a new Federal Reserve report.
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Let's explore some of the reasons for these disparities with our reporter, J.J.
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McCorvey.
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JJ, thanks for coming on the show.
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Hey, Charlie.
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Thanks for having me.
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JJ, before we get into this racial gap, let's take a step back.
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Why did so many people refinance their mortgages last year?
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What are the benefits of refinancing?
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Right.
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And the savings from refinancing can be significant.
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Showing 361–380 of 4,985 · page 19 of 250
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