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