Some Black homeowners do pay higher interest rates on mortgages than non-white Hispanics, but a new report issued by the Atlanta Fed shows the reason isn’t the rule-of-thumb principle that had associated the cause with racial bias by lenders.
Some Black homeowners do pay higher interest rates on mortgages than non-white Hispanics, but a new report issued by the Atlanta Fed shows the reason isn’t the rule-of-thumb principle that had associated the cause with racial bias by lenders.