anytime you have a concentrated group of black homeowners, you will try to see people make profits larger than in other communities. but the sub prime mortgage price is a recent phenomenon. i took the viewers on the tour, and these homes have been vacant for decades, and it s not a back drop to the story, it plays a prominent role. real estate, segregated real estate in particular have allowed people to get higher represents or profits from corner stores and other kinds of businesses for a long time, going back to the early part of the 20th century, and what is necessary now is a impartial federal investigation of predatory practices against communities of color around the country, and there s a long history of this, and we have not done enough to connect the dots the way we have about policing.
mortgage price. gone up to 5.3%. your monthly cost has gone up from $1,000 to $1200. total cost of own that house over time is almost $450,000. take a look at that. if i want to chart it i would say we ve gone down like this until 2009, and now we re rt starting to go up. christine romans standing by, my cohomeland security of your $$$$$ which you can watch on the weekends on cnn. christine, those numbers beg the question, if i think house prices might be staying flat or declining over the next year but i kind of know interest rates are probably going up, should i be buying now or should i be waiting, if i m in the market? if you re in the market, you have money in the bank, you have a good credit score and confident in your job, yes, this is a good time to buy. those are four or five different variables that you have to make sure you re in the market for. you have to be in the market for a home for right reason. you re going to live in it, good school district and you don t