Chris Herbert, Jennifer Molinsky, Samara Scheckler, Kacie Dragan
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October 15, 2021
Older adult homeowners increasingly carry mortgage debt into retirement. The share of homeowners aged 65 and older with outstanding mortgages doubled between 1989 and 2016,…
The share of older households with debt secured by their primary residence more than doubled between 1995 and 2016. This study uses the Survey of Consumer Finances (SCF) to…