Tag Archives: African American

A CNN analysis of CFPB lending data reveals that Navy Federal Credit Union has been denying people of color home mortgages at rates much higher than seen elsewhere.

According to a new report from Zillow, renters of color are more likely to pay higher upfront costs when applying for a rental compared to white renters, while Black and Latinx renters were nearly twice as likely to submit multiple rental applications before securing a lease.

While the share is below 1970 averages, there are several markets reporting increases over the past few years.

Analysis of the data says there are differences in how these numbers are reported. Click through to read more.

Information reveals that just a quarter of African-Americans could afford the typical home in 2018. Several markets, though, saw affordability decline by more than 30%.

A new study by Redfin shows that affordability for middle-class homebuyers has dropped noticeably in the past four years. African-American and Hispanic household earning median salaries are being hit especially hard. Last year, minority buyers could afford fewer than five percent of homes for sale in several markets.