Denial Rates of Mortgage Applications Are Down

According to Zillow Real Estate Research, mortgage restrictions in the U.S. are easing, and black borrowers showed the biggest jump in access to conventional mortgages.

While "minorities are still having a harder time getting a conventional home mortgage," the Zillow report says, "the good news is denial rates are dropping for blacks and Hispanics, indicating that mortgages are becoming attainable for more borrowers."

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