In contrast, Black females had the highest intra-racial rate among women in applying for mortgages. Since at lower-income levels, females account for a large proportion of the applications made by Blacks, race and income disparities have a negative effect on gender. Minority men, except in one instance, fell consistently lower than White males in originations. With nearly half of the state s Black families, and one-quarter of its Hispanic families, with children under 18 years of age, headed by females, it is imperative that minority females have an equal opportunity to buy a home. There may be explanations for these racial discrepancies which cannot be determined because of the limitations of this research.
Some examples are the following.
There are many more White, than non-White applicants, which can skew the data. It is beyond the scope of this research to conclusively define why lending to minorities lags behind that of Whites. Variations exist in lenders behavior . The answer is to shop around. There are variations within the top 50 institutions which may result in better deals for prospective female homeowners.