Prospective buyers face numerous obstacles on their journey to homeownership, with access to credit often serving as a major hurdle.

Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National Association of Realtors (NAR).

Three Southern states recorded the nation’s highest mortgage denial rates in 2023, the trade group reported in its Snapshot of Race and Home Buying in America. In an analysis of Home Mortgage Disclosure Act (HMDA) data, Mississippi led the way with 19% of mortgage applications rejected, followed details ⇒

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