Tag Archives: mortgage debt

Older Home Owners Carrying Home Debt Longer

Posted on November 6, 2014 by Cliff

A new Census Bureau report shows an alarming rate of older home owners carrying home debt well into retirement, and the amount of debt they’re carrying has risen over recent years. The share of older home owners aged 65 to … Continue reading →

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More American Retirees Carry Mortgage Debt

Posted on September 9, 2014 by Cliff

More American retirees are expected to still owe on their mortgage by the time they reach retirement. The share of Americans 65 and older with mortgage debt increased from 22 percent in 2001 to 30 percent in 2011, according to … Continue reading →

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Time To Pay Down Mortgage Debt?

Posted on March 21, 2014 by Cliff

As home prices rise, consumers are once again prioritizing their mortgage debt payments over paying down credit card debt, according to a new report from TransUnion. It’s the first time since 2008 that borrowers have shifted their focus back to … Continue reading →

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