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US baby boomers fall behind in paying off mortgages

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Boomers are unlikely to enjoy mortgage- free retirements at the same rate as the previous generation.

Washington

OLDER American homeowners are trailing the prior generation in paying off their mortgages, complicating their finances if they carry the loans into retirement, a report from Fannie Mae released on Thursday showed.

This lag has persisted...

sentifi.com

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