Last week, we released a new view of the housing boom and bust, an interactive map that allows users to see where mortgages were made from 2001 to 2012, and to which racial and ethnic groups. With 2013 Home Mortgage Disclosure Act (HMDA) data out this week, we’ve updated the map to show 13 years of mortgage originations by race and ethnicity and region. The newest data reveal two continued trends and one surprising disparity:
Continued trend: African Americans and Hispanics are still locked out of the recovery. The recovery in the mortgage market picked up steam in 2013, with the number of purchase mortgages increasing 14.8 percent over the previous year.