Nearly 30 percent of U.S. homeowners have no mortgage debt, says Zillow

10 Jan 2013
While it's not surprising that seniors make up a large part of the debt-free homeowner list, Zillow also learned that 34.5 percent of 20- to 24-year-old homeowners are free of mortgages. Additionally, only 15 percent of those whose credit scores were 900+ had paid off their home loans. Here's the announcement:  

20.6 Million U.S. Homeowners Own Homes Free And Clear Of Mort
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Jim Townsend

Jim Townsend, editorial director and a principal of the AIM Group, is a career journalist, consultant and interactive media pioneer with more than 35 years of experience in news management. Townsend joined the AIM Group in 2001 as an analyst and consultant and became a part-owner in 2003. He is based in Houston. He leads a global team of analysts who report media industry trends in North and South America, Europe, India, Asia, Australia and other countries in the Pacific Rim.