Same-Sex Couples Face Systematic Lending Discrimination

Same-Sex Couples Face A Lending Discrimination Rate 75% More Often Than Straight Couples


same-sex couples
A new study from Iowa State University shows systematic lending discrimination against same-sex couples. 
The study found same-sex couples who received a mortgage paid a 0.5% higher interest rate on average.
The research was conducted by Iowa State University’s Ivy College of Business. It correlated data from 30 million mortgages across the US between 1990 and 2015.
Researchers also found that same-sex couples were 73% more likely to be denied a mortgage when compared to mixed-sex couples.
The study has raised questions about systemic LGBTI discrimination in the lending industry and the lack of protections for same-sex couples.
The study also found no correlation between mortgage rejections and same-sex couples being high-risk borrowers.

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