What’s stopping minority residents from buying homes in Phoenix?

By Maria Polletta,Catherine Reagor and Agnel Philip | The Republic

Fewer Latinos and African Americans are turned down for home loans in metro #Phoenix than in many other parts of the U.S.

But in the Valley, where buying a house is less expensive than in most big cities, few would-be homebuyers from those groups apply for mortgages in the first place. That means minority households are missing out on a key opportunity to build wealth, reinforcing racial inequalities.

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