Zillow reports that in 2023, 13.8% of mortgage applications from Black residents were denied, compared to 11.3% for Hispanic residents, 7% for Asian residents, and 5.4% for white residents.
Consequently, while Black people make up 13% of prospective homebuyers in Connecticut, they represent only 7% of those who successfully secure mortgages.
These figures align with national trends, where overall denial rates are higher (12.6% nationally versus 7.7% in Connecticut) but show a similar pattern: Black applicants are rejected nearly twice as often as their white counterparts.
![U.S. Congressman Byron Donalds chuckles while former President and Republican presidential candidate Donald Trump gives a keynote address at the Black Conservative Federation gala dinner on February 23, 2024. [Alyssa Pointer/Reuters]](https://blkpoliticsnow.com/wp-content/uploads/2024/10/DSADSA-120x86.png)
