Nearly 10 Million Homeowners 65 And Older Are Still Saddled With Mortgage Debt
Article Excerpt: "...The largest share of 65-and-older homeowners with a mortgage is concentrated in Miami, Los Angeles and Sacramento, California. Across these three metros, an average of nearly a quarter — 23.64% — of homeowners 65 and older have a mortgage. That’s about five percentage points higher than the 50-metro average of 18.91%. ..."
Resource: www.forbes.com