Gen Xer's Most Likely To Be Denied Mortgages

Mortgage applicants 40 to 54 years old—those in Generation X—have the highest loan denial rates, according to data from NAR’s 2020 Home Buyers and Sellers Generational Trends Report. Low credit scores and high debt-to-income ratios are the chief causes—perhaps lingering problems from the Great Recession. Lenders denied 7% of Gen Xers’ applications, compared to a 5% denial rate across all other age groups

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