Despite significant progress in women's homeownership, many still perceive the mortgage process as overwhelmingly difficult, which creates barriers to securing their homes. This perception is a major hurdle.
Existing disparities in income and savings make homeownership challenging for many women, particularly single parents, highlighting the need for more gender-sensitive housing policies.
Women's increasing homeownership represents a significant shift in the housing market, pointing to a need for lenders to better cater to this demographic and leverage an emerging growth opportunity.
Demystifying the mortgage process is crucial for empowering women homebuyers, as many are unaware of realistic down payment options and often assume outdated financial norms.
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