Latinos and blacks in five texas metro areas, including San Antonio. a mortgage. While a majority believed they were turned down because of their credit scores, some believed they were denied for.
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To calculate home affordability, the report assumes a 10 or 20 percent down payment with associated monthly costs at a four percent mortgage rate on a 30-year. to become a homeowner everywhere from.
At least half the homes in any metro were unaffordable to African American families, compared to only 13 metro areas six.
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In the San Antonio-New. been turned down for a mortgage. While a majority believed they were turned down because of their credit scores, some believed they were denied for discriminatory reasons.