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Black Americans Pay More For Homes Than Any Other Group: Study Finds

A new study from MIT has found that Black Americans pay more for homeownership than any other group.

Black Americans, HomeownershipJoe Raedle / Getty Images

The study, conducted by Edward Golding, executive director of the MIT Golub Center for Finance and Policy, reports that Black Americans pay more for mortgage interest, mortgage insurance, and property taxes than other homeowners.

The disparities are as follows: $743 per year in mortgage interest payments, $550 a year mortgage insurance premiums, and$390 per year in property taxes. All-in-all this accounts for a $67,320 loss in retirement savings for Black homeowners over 30 years.

“The small differences compounding over the life of the mortgage and during homeownership can add up,” writes Golding. “Even if it is a few hundred dollars a year here and there, it can amount to another year’s salary families would otherwise have.”

“While mortgage costs are determined by markets to some extent,” said Golding, “there is a great deal of public policy that influences these rates, especially as it impacts people of color. We can and should address these issues at a policy level and start now to eliminate the large wealth gap between Black and White homeowners that we created in part through our current mortgage system.”

Check out the paper for yourself here.

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Bad Bunny’s Super Bowl Halftime Show Just Swept The Emmys

Bad Bunny in Los Angeles, California, 2019
Photo: Glenn Francis / Wikimedia Commons (CC BY-SA 4.0)

Bad Bunny is officially an Emmy winner — and not just once. At Saturday’s Creative Arts Emmys, his Super Bowl LX Halftime Show swept every single category it was nominated in, all seven of them, making it the most-decorated nominee of the night.

The headline win was Outstanding Variety Special (Live), a category the show became only the third halftime show ever to claim. From there it just kept going: music direction, choreography, sound mixing, lighting design, technical direction and camerawork, and directing all went home with the Puerto Rican star’s team. There’s technically an eighth trophy with his name attached, too, though it won’t land in his hands — the “Saturday Night Live” episode he hosted last season separately won Outstanding Makeup for a Variety, Nonfiction, or Reality Program.

The sweep is good news for Jay-Z as well. As an executive producer on the halftime show, he now has two Emmys to his name, having previously won for producing Kendrick Lamar’s Super Bowl LIX performance in 2025 — the show that, until Saturday, held the record for most Emmys won by a Super Bowl performance.

Bad Bunny wasn’t the only one having a night. Sabrina Carpenter picked up her first Emmy as a performer and executive producer on “The Muppet Show,” edging out Taylor Swift’s “The Eras Tour | The Final Show” for Outstanding Variety Special (Pre-Recorded). The Billy Joel HBO miniseries “And So It Goes” won for sound mixing on a nonfiction program, and 50 Cent’s Diddy documentary “Sean Combs: The Reckoning” took home picture editing honors. A big weekend for live spectacle, all around.

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Rod Wave Hints at NBA YoungBoy Stadium Tour as Fans Dream of Joint Run

Rod Wave has got hip hop fans excited after seemingly teasing a massive stadium tour with NBA YoungBoy. The idea came after DJ Akademiks said on Twitter that he wanted to see the two rappers work together on a tour or maybe even a collab project. NBA YoungBoy is overseas right now, but fans haven’t stopped wondering what a joint run between the two would look like.

Akademiks suggested the two should collaborate on an album or EP and called for a YB & Rod Wave tour. Rod Wave responded with a brief message that he’d already spoken with YoungBoy about taking the tour to stadiums. The response immediately sparked excitement about the two artists performing together. Over the years, Rod Wave and NBA YoungBoy have developed chemistry, with both artists building passionate, loyal fan bases in their corners of hip hop.

But a joint stadium tour would be logistically difficult. YoungBoy has left the United States, but that doesn’t mean he’s out of the country for good, and he could still be away long enough for a major concert run. The prospect is especially tantalizing for fans, as major headlining artists rarely join forces for extensive joint tours. So if the plans do go through, a big run with Rod Wave and YoungBoy might be a moment for their audiences.

Read More: Drakeo the Ruler’s Estate Faces Setback as Judge Rejects Pretrial Financial Disclosure Request

Such an endeavor could also be notable for Rod Wave with his experience with concert promotion. It’s said that his Mainstay Touring company booked his own shows and Ye’s SoFi Stadium concerts earlier this year. Another big opportunity for the company would be a longer concert series with YoungBoy.

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YoungBoy’s recent “MASA” tour and accompanying documentary also show his ability to draw strong fan engagement and attention around a live project. But the potential stadium tour remains hypothetical. Rod Wave’s comment gives fans something to look forward to, but it doesn’t mention a formal joint tour announcement.

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