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Women pay more for mortgages in 49 states — which states are worst - Vimarsana News

Women pay more for mortgages in 49 states — which states are worst

Alistair Berg/Getty Images Trina Patel, a financial advice manager at finance app Albert, told Insider that the gender pay gap could contribute to higher interest rates. "Women are typically in fields that earn less than men, or they earn less than men. The amount of wealth that they can build is going to be slightly at a disadvantage. If you're earning less, by default, you might not be able to save as much for a future down payment," she said. A lower income could also mean a higher debt-to-income ratio, another major factor in what a buye...