Report: Older Americans Facing Significant Increases In Mortgage Debt Load

Report: Older Americans Facing Significant Increases In Mortgage Debt Load

Once upon a time reaching retirement age meant consumers would have less on their plates and more time to enjoy their golden years. Part of that included no longer holding a mortgage. But a refinancing boom during the 2000s and a trend of buying homes later in life has left many older Americans with a substantial amount of mortgage debt. [More]