Same-sex couples applying for a mortgage face more rejection and higher rates, study says

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Same-sex couples applying for a mortgage face more rejection and higher rates, a study says

Buying a home is an exciting step in any couple's relationship, but a new study finds that it's a much more difficult step for same-sex couples to take.

A study published this week in the Proceedings of the National Academy of Sciences found same-sex couples applying for mortgages are rejected more often and face higher rates. Same-sex couples were 73 percent more likely to be denied a mortgage than heterosexual couples with the same financial worthiness, according to an analysis of national mortgage data from 1990 to 2015. In addition, those who were approved for loans were given higher rates. Gay couples paid 0.

 

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christocarbone What about 2 sisters or brothers buying property together -same last names -are they being discriminated also mortgage financialBias loans housing LGBT

FeministaJones Discrimination in housing aided by the big banks. Ain’t nothing surprising about that.

Imagine my shock..

Or maybe they're more likely to think they can afford more than they really can.

Welcome to what it’s like to be Black

Go to a bank or institution catering for same sex only, stupid.

This is obviously & definitely “Unfair”😡 The world should respect inclusion and diversity including sexual orientation which is a completely personal issue and will certainly not hurt anyone. The more flexible we are, the less discrimination we face.

Basically the Jim Crowe era all over again.

I would be interested to know if the rejections and higher interest rates apply more to women couples then men. It is harder for a women to get mortgages then man.

Mortgage? For a same sex couple? What about me? I'm trying to get a one bedroom apt. Not too elegant. We're four people. I have the $, the credit, and a good job. I was rejected because we're too many people. I'm the sole bread winner. Can't afford anything more.

Not surprised

Hahahaha!!!

Sounds like bull shit.

Much like Hispanics were charged higher interests rates when buying cars. We live in a sexist racists world.

😩🤯 seriously..... Time to get over it!

Is it possible same-sex couples have behaviors that explains a higher level of rejection? Same-sex couples are typically not known for their motivation to provide for a family through stable employment. Also not known for lifelong commitments or relationship stability.

Well, sexual preference should not be used to determine who qualifies to buy a home. That's senseless!

Blame trump and pence..

ABSOLUTELY NOT. NO. WE NEED TO BE PAST THIS. Nevermind it's illegal to discriminate based on familial status. This is disgusting and against the law.

Nothing in that article about their credit scores ... unless it’s hidden behind their paywall, this study and article are BS 💩

I call B.S. Banks/Lenders could care less. They want to give as many mortgages as they can.

This is a disgrace that Trump and his supporters highly supported realDonaldTrump

Seems like they going to be more stable financially don’t have to deal with the kids for most couples I assume. I’m sure there’s plenty of Them that he have children or adopted them. Majority of gay couples that I know are far more financially stable than me

Not surprising. A third of this country is full of bigots, something we all painfully learned over the past 2 years.

Why you gotta pay $10 to view the study though Never seen no organization charge to see what should be public info 👀

I do not require very much to be worried about

Maybe they had poor credit🤷🏾‍♂️

Wow.....never heard of banks doing that to anybody 🙄

THAN WHO!?

Discrimination, plain and simple.

I'm a 2x combat veteran and denied because of what I did as a pvt. fix it and move on

I heard that...

You token me

Probably because being a Barista isn’t a career

Sin

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