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Black homeownership

Race and Economy

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

by Amy Scott
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
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Closing the homeownership gap in Houston and beyond

by Amy Scott
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.
Cameron Spencer/Getty Images
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