Older Homeowners and Mortgage Debt. The share of home owners at or…

Older Homeowners and Mortgage Debt. The share of home owners at or…

The share of property owners at or near retirement that are holding home loan financial obligation has increased somewhat into the past two years.

The housing crisis also had an important affect many older homeowners — 1.5 million destroyed their houses between 2007 and 2011 — and also the house equity that numerous older property owners cons 53 The CFPB notes that impacted older consumers might have had greater trouble recovering from the property property foreclosure crisis than their more youthful counterparts because of “increased inc 54

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