by Larry Shultz | Sep 5, 2025 | Economics, Real Estate, Retirement
Between 1989 and 2022, the share of homeowners aged 65–79 with a mortgage on their primary home increased from 24 to 41 percent. The median mortgage debt shot up over 400 percent, from $21,000 in 1989 to $110,000. • Among homeowners age 80 and over, the share with...