Over 10 Million Seniors Still Saddled With Monthly Mortgage Payments: Report

Over 10 Million Seniors Still Saddled With Monthly Mortgage Payments: Report
A 'For Sale' sign is posted in front of a single-family home in Hollywood, Fla., on Oct. 27, 2022. Joe Raedle/Getty Images
Mary Prenon
Updated:
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More than 10 million people across the United States aged 65 and older are still paying off their home mortgages, even into retirement years, a new report from Lending Tree indicates.

Lending Tree, an online loan marketplace for mortgages, small businesses, and other loans, analyzed the latest U.S. Census Bureau data to review the share of homeowners 65 and older who still have a mortgage throughout the country’s 50 largest metro areas.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
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