If you want to buy a house, it matters if you’re black or white

Florida Atlantic University study finds black borrowers -- especially women -- pay higher mortgage interest rates than whites

A new study by researchers at Florida Atlantic University (FAU) finds “widespread” racial disparity in what black and white borrowers pay for mortgage rates. Racial discrimination in mortgage lending is unfortunately not a new topic, as many studies have examined whether minority mortgage applicants are more likely to be denied access credit than Caucasians.