Older Homeowners are More Likely to be Denied a Mortgage

MarketWatch, Feb. 14, 2023–Alicia H. Munnell
Given that mortality risk has real economic implications for lenders means that the results of this study do not necessarily indicate that lenders are violating fair lending legislation. This caution is reinforced by the fact that regulations allow the consideration of a borrower’s age in credit decisions under some circumstances and that the results should be viewed as an association between age and rejection – not a causal relationship.
https://www.marketwatch.com/story/older-homeowners-are-more-likely-to-be-denied-a-mortgage-6fd661b0