Which Best Describes How Racial Inequities Manifest in Mortgages for Homeownership

Multiple Choice

Which best describes how racial inequities manifest in mortgages for homeownership?

A) Black and White applicants are equally likely to be approved for mortgages but Black individuals are more likely to pay higher interest rates.
B) Black applicants are much more likely to be denied mortgages but when they do receive them, they pay the same interest rates as Whites.
C) Blacks are much more likely than Whites to be denied mortgages and when they do qualify they are more likely to pay higher interest rates than Whites.
D) New federal regulations have ended racial disparities in the mortgage process.