Tag Archives: Minority Borrowers

"Homeowners of color typically had lower housing equity, because they purchased homes of lower value with higher mortgage debt later in life,” wrote research associates, who have some suggestions for policymakers.

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%.

Minorities are experiencing higher denial rates than their white counterparts when applying for loans. What measures can minorities take to improve their chances of approval?

Despite improvements in mortgage access for borrowers over the last few years, the latest federally released data from the Home Mortgage Disclosure Act has done nothing to reverse an unfortunate fact.