The Tennessean reports in this article that 21% of Hispanic Nashville homebuyers om 2004 signed up for a high-interest mortgage:
"In the Metro Nashville area, an analysis of the home mortgage data showed 38% of conventional home loans to African-Americans in 2004 were high-cost. For Hispanics, 21% were."
"In contrast, only 11.8% of such loans to white home buyers in the Nashville area were considered high-cost. And even fewer higher-priced loans, 6%, were written to Asians, which some experts attribute to cultural factors such as the practice of avoiding debt."