A new report from LendingTree reveals that Black homebuyers are still more likely to be denied a mortgage when compared to the overall population, with denial rates highest in popular metros like Miami, Detroit, and New Orleans.
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Latino homeownership lagged 22 percentage points behind white homeownership in 2021 and experienced significantly higher mortgage denial rates than their white counterparts, according to Fannie Mae’s new Latino Housing Journey. Click through for more on the disparities Latino households face and policy solutions that could increase homeownership opportunities.
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