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Black applicants twice as likely as whites to get denied for mortgage loans: study – Borrowers in suburban areas were the most likely to get approved for a mortgage across the board with an 8.4 percent denial rate, compared to a 10 percent denial rate for urban residents and an 11.5.

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Current 15 Year Mortgage Interest Rate 30-Year Mortgage vs. 15-Year Mortgage — Which Is Right for You? – let’s say you’re approved for a maximum monthly payment (principal and interest) of $1,200. Assuming national averages for property taxes and insurance, with the current rates, you could afford to.

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