Chart I
Households Are Carrying Much More Mortgage Debt into Their Retirement Years
Share of Owners with Mortgage Debt by Age Group
(Percent)
50-64
Average Loan-to-Value Ratio for Owners with Mortgages by
Age Group (Percent)
65 and Over
80
60
70
50
60
40
50
40
30
30
20
20
10
10
0
1992
1998
2004
2007
2010
0
1992
1998
2004
2007
Source: Joint Center for Housing Studies of Harvard University, Housing America’s Older Adults (2014).
Based on JCHS tabulations of Federal Reserve Board, Surveys of Consumer Finances.
Estimates include only owner households with mortgages on primary residences.
The Silent Housing Crisis: A Snapshot of Current and Future Conditions
19
2010