9/6/2015 – Mortgage debt — The New Retirement Time Bomb (The Washington Post)

Sep 06, 2015 Comments Off by

The Consumer Financial Protection Bureau says the percentage of homeowners ages 65 and older with mortgage debt increased from 22 percent in 2001 to 30 percent in 2011. Among homeowners 75 and older, the rate more than doubled, from 8.4 to 21.2 percent.

Read the full article in The Washington Post.

Financial Landing 2015

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