Hispanic mortgage gap isn't all explained by numbers

A new study from the University of Utah’s Bureau of Economic and Business Research suggests Latinos in Salt Lake County are turned down for mortgages at twice the rate as whites. Also, many of those who are granted loans are charged higher interest rates than their white counterparts. The reasons behind those disparities were discussed Tuesday on TribTalk. While the raw numbers show a clear disparity, they don’t necessarily prove discrimination exists in lending, said James Wood, the bureau’s di...

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