Black Americans are paying higher interest rates than white Americans who have identical financial background.  A study in July found a big discrepancy between the interest rates charged on home mortgages for the different races.

The study analyzed data from the Federal Reserve’s survey of consumer finances and looked at more than 3,500 households between 2001 and 2007 and found that black s were charged between 0.29 and 0.31 percentage points more in interest than whites, on average.

Even blacks that controlled their debt and credit history were charged higher interest rates than whites.

The gap between Black women and other groups is much bigger.  A black male will pay an interest rate about 0.09 percent higher than a white male with the same profile. A black woman will pay nearly 0.27 percent higher than white women.