Black applicants are more likely to be denied mortgages, study finds

Jun 26, 2020
And that's one reason for the persistent homeownership gap.
A house for sale in Seattle. Black homeownership rose slightly in 2019, but mortgage denial rates were still much higher — 16% for Black applicants compared to 7% for white borrowers.
Stephen Brashear/Getty Images for Redfin

Closing the homeownership gap in Houston and beyond

Jan 30, 2019
The National Association of Real Estate Brokers, a black trade group, is on a mission to add 2 million new black homeowners nationally in five years.
Nationally, the rate of black homeownership is less than 42 percent, compared to a rate of about 73 percent among white households.
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