Even in a pandemic that resulted in steep job losses, economic turmoil, and a cutthroat housing market, more Hispanic buyers successfully purchased homes last year. More than 600,000 Latinos bought a home with a mortgage last year—a 13% jump from 2019, according to a recent report by the National Association of Hispanic Real Estate Professionals.
For many Hispanic buyers, COVID-19 cemented their desire and accelerated their plans to become homeowners. Record-low mortgage rates also served as an incentive, driving down monthly mortgage costs. READ MORE AT REALTOR.COM
