PHOTO: Adding insult to injury, same-sex couples were also charged 0.02% to 0.2% more in interest rates, upfront fees, or both on their loans.
Modern communities are more diverse than ever, but a new study brings another reminder that housing discrimination is not yet dead.
Same-sex couples were 73.12% more likely to be denied a mortgage than straight couples with similar profiles, according to a recent Iowa State University study. The report looked at more than 30 million U.S. mortgages taken out from 1990 to 2015.
Adding insult to injury, same-sex couples were also charged 0.02% to 0.2% more in interest rates, upfront fees, or both on their loans. While this may not seem like much, it can add up to hundreds or even thousands of dollars over a 30-year mortgage.
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