About 37 percent of households in the U.S. are living without mortgages. The share of homeowners paying off their mortgages has increased by 5.5 percentage points over the past decade, according to Bloomberg, citing data from Zillow. This is in part due to an aging population of homeowners, as younger Americans tend to wait longer to buy property thanks to factors like student debt and increasing living costs. The trend could reverse as younger people […]
source https://therealdeal.com/national/2019/07/22/almost-40-of-homes-in-the-us-are-mortgage-free/#new_tab
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