Denial rates for mortgages in the U.S. 2019-2023, by race
Black mortgage applicants had the highest denial rates in the United States between the first quarter of 2019 and the third quarter of 2023. In the third quarter of 2023, denial rates were 30 percent for Black applicants, while Hispanic applicants had the second-highest denial rates at 22.1 percent. For all races, the denial rates significantly fluctuated between 2019 and 2023.