Women (still) Better at Paying Their Mortgages #homeownership #realestate

Source:  Housing Wire

A new study shows that women are better than men at paying their mortgages on time, and are better with finances in general.  The study by ATTOM Data Solutions, the parent company of RealtyTrac, also showed that women are less likely than men to go into foreclosure.  Over all, men have slightly higher foreclosure rates than women, at 73 out of every 10,000 male homeowners, versus 72 out of every 10,000 female homeowners.

Of those who are married, 0.83 percent of men go into foreclosures compared to 0.66 percent of women.  That does not include homes that are owned jointly by the couple.  Of those who are widowed, 1.12 percent of men fall into foreclosure versus 0.94% of women.  Single men outperform single women when it comes to foreclosure, posting lower foreclosure rates than single women at 0.7 percent versus 0.73 percent, respectively.

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