Last year, the Hispanic homeownership rate grew to 48.4% from 47.5% in 2019, but they are still much more likely than non-Hispanic whites to get denied a conventional loan.

The rate of Hispanic homeownership has been inching up each year since 2014, according to U.S. Census Bureau statistics. But there are many obstacles to further expanding Latino homeownership, despite the projected growth in the next two decades.

Latinos are twice as likely to use Federal Housing Administration financing than non-Hispanic white borrowers, but most of the real estate agents the National Association of Hispanic Real Estate Professionals surveyed details ⇒

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