Men, Women, and Mortgages

Men, Women and Mortgages 72% 2 percent of consumers have joint mortgages. However, men have more individual mortgages and higher loan amounts compared to women DEBT On average, men carry 43 percent more debt than women Mortgage loans are typically 5 percent higher for men 60 Men are more likely to fall 60+ days behind on their mortgage payments than women Women outnumber men two to one in seeking credit counseling 33% While men normally take out more loans than women, Washington, D.C. is an exception, where women take out 33 percent more loans than men $229,510 $175,276 Connecticut has the biggest gap between men's and womer's mortgage rates. The average man has a mortgage loan of $229,510, while the average woman has a loan of $175,276 13.6% Men in Connecticut also fall behind on their payments 13.6 percent more often than women Castle & Cooke MORTGAGE, LLC NMLS #1251 http://www.experian.com/blogs/news/2013/05/22/women-vs-men/ http://www.bankratecom/finance/debt/men-women-and-debt-does-gender-matter.aspx