More African-Americans are being squeezed out of the housing market.
Not only are they less likely to apply for a mortgage than any other ethnic group, but African-Americans are also 2.4 times more likely to get denied a mortgage than Whites, a recent study conducted by Zillow and the National Urban League found.
As a result, far fewer African-Americans have achieved the American dream of homeownership.
And those who own homes were hit MORELes Christie - Jan 27, 2014 12:00 AM ET
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