Share of First-Time Hispanic Homebuyers Projected to Rise in Coming Years

October 11, 2023 Demetria Lester

Although denial rates are higher for Hispanic borrowers and worsening affordability continues to hinder homebuyers nationwide, a new study from the Urban Institute revealed that by 2040, an estimated 70% of new homeowners are projected to be Hispanic.

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Share of First-Time Hispanic Homebuyers Projected to Rise in Coming Years

Although denial rates are higher for Hispanic borrowers and worsening affordability continues to hinder hom...