Home purchase lending in census tracts with more than 75% minority residents increased by 5% between 2022 and 2023. A percentage increase measures how much something has grown relative to its original amount. The share of home purchases to upper-income Hispanic homebuyers in those tracts increased by 11%, while White low-income borrowers saw their share of loans in those tracts decline by 18%.
| Tract Minority Percent (click to sort) | |||||
|---|---|---|---|---|---|
| Borrower Race and Ethnicity | Borrower Income Level | ||||
| All Home Purchases | 1% | −1% | 1% | 5% | |
| White | Upper | −4% | 3% | −5% | −11% |
| White | Middle | −1% | −0% | −6% | −12% |
| White | Moderate | 2% | −6% | −8% | −14% |
| White | Low | 10% | −10% | −21% | −18% |
| Black | Upper | −2% | 4% | 3% | 4% |
| Black | Middle | −4% | 4% | 5% | 6% |
| Black | Moderate | 5% | −6% | −2% | 1% |
| Black | Low | 15% | −16% | −13% | −6% |
| Hispanic | Upper | −10% | 13% | 15% | 11% |
| Hispanic | Middle | −13% | 16% | 16% | 7% |
| Hispanic | Moderate | −5% | 7% | 7% | 3% |
| Hispanic | Low | 7% | −6% | −7% | −7% |
| Asian | Upper | 0% | −2% | −5% | −8% |
| Asian | Middle | −1% | −0% | −1% | −3% |
| Asian | Moderate | 2% | −5% | −4% | −3% |
| Asian | Low | 11% | −14% | −12% | −2% |