Mortgages for the middle aged – No thanks say the banks

Banks are worried middle aged home buyers are too old to pay off their mortgage before they retire. But a banking expert said banks would never admit to imposing an age limit because it was illegal to discriminate on the basis of age.

Banks are worried middle aged home buyers are too old to pay off their mortgage before they retire. But a banking expert said banks would never admit to imposing an age limit because it was illegal to discriminate on the basis of age.

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