Hurdles facing Black American homebuyers and homeowners come in many forms, from steering and redlining to systemic undervaluation of properties. One of the biggest challenges involves the financing of homes. Black mortgage applicants are twice as likely as whites to be denied, for both home purchase and refinance mortgages. A new study from online loan marketplace LendingTree examines how these disparities differ in different parts of the country. The report looks at the Federal Financial
source https://therealdeal.com/2020/07/13/trd-insights-data-shows-rate-blacks-are-denied-mortgages-in-50-us-metros/
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