U.S. Latinos Redefine Homeownership with Multigenerational "Familia Mortgages"

New data from BMO's Real Financial Progress Index shows despite a challenging housing market, the aspiration for homeownership remains strong among U.S. Latinos--even as many are rethinking how to achieve it. Amidst economic pressure, Latino families are welcoming the "Familia Mortgage," an intergenerational strategy to pool resources and make their shared aspirations a reality.