Fewer People See Equal Opportunity in Homeownership Pursuit

Jan 21, 2019

Sixty-seven percent of people surveyed in a new Gallup Poll believe African-Americans in their community have the same chance as whites to get any housing they can afford. This represents the lowest point since Gallup began its annual survey on the intersection of race and socioeconomic issues in 1989.

Gallup polled 6,500 adults for its new survey. When dividing respondent response along racial lines, 72 percent of whites and 40 percent of African-Americans said households from both races had the same opportunity to buy whatever residential property they can afford. In a separate poll concentrating on Hispanics’ views, 67 percent of Hispanics said there was equality in housing.

Along partisan lines, 90 percent of Republican respondents said there was equal opportunity in housing, compared to 71 percent of Independents and 40 percent of Democrats.

“On what would have been Martin Luther King Jr's 90th birthday, recent Gallup polling finds perceptions of equality for blacks continuing a downward slide,” commented Lynda Saad, senior editor at Gallup. “Fewer Americans now compared with any time in the past three decades believe blacks are on par with whites in obtaining jobs and housing. Public perceptions about racial equality were fairly positive from the 1980s through the start of Barack Obama's presidency in 2009, but have grown less so since.”

About the author

Phil Hall

Link copied

Published

Jan 21, 2019

Analysis and Data

Mortgage Rates Edge Down To 7.32%, Offering Limited Pipeline Relief

The modest decline trims borrower payments, while year-end forecasts above 7% leave LOs focused on deals already close to working

The first mortgage-rate decline in two months trims about $22 from the monthly payment on a $400,000 loan. For LOs trying to salvage year-end transactions, that creates an opening among borrowers already close to making the numbers work.Freddie Mac reported Thursday that the...

Operations

LO Compensation: What The Split Doesn’t Tell You

NMP’s Ignite summit explored the rules, expenses, and platform differences that shape what originators actually earn

A loan officer willing to earn less to win a borrower can still run into a compensation problem. The sticking point is how that smaller paycheck is determined, who funds it, and whether the arrangement connects compensation to the loan’s terms.That tension drove National Mor...

Jan

Uncasville, CT

More from

Industry News

Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Industry News

Oct 16, 2026

Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Industry News

Oct 14, 2026

PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Industry News

Oct 09, 2026

Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Industry News

Oct 09, 2026

Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Industry News

Oct 08, 2026