Study: Same-Sex Couples Face More Mortgage Rejections, Higher Rates

A new study finds that same-sex couples applying for mortgages are rejected more often and face higher interest rates. The study reports same-sex couples are 73-percent more likely than heterosexual couples to be denied loans. Researchers at Iowa State University tracked applications and mortgages from 1990 to 2015.

Also revealed? That gay couples approved for loans were made had to pay higher interest rates.

One of the study's authors said the findings show it's time for lawmakers to consider adding sexual orientation as a protected class in lending laws.

Source:Salt Lake Tribune

Sponsored Content

Sponsored Content