Women pay higher mortgage rates in 49 states
Housing Wire
FEBRUARY 26, 2021
In Mississippi, single women on average paid 3.47% on a 30-year, conventional fixed-rate mortgage in 2019. But single men on average paid 3.37%, according to the latest HMDA data available. Over the lifespan of the mortgage, the single woman in this instance will have roughly $7,000 more in mortgage payments than the single man. Patrick Boyaggi, CEO and founder of Massachusetts-based lending startup OwnUp , says this issue hasn’t drawn enough attention in the mortgage space.
Let's personalize your content