Percentage of americans who own there home free and clear?
Answers
vulcan_alex
About 20% of homes that are owned by those in residence do not have a mortgage according to the government survey. I think it might be less.
Jake No Chat
In 2018, homeownership dropped to a lower rate than it was in 1994, with a rate of 64.2%. Since 1960, the homeownership rate in the United States has remained relatively stable having decreased 1.0% since 1960 when 65.2% of American households owned their own home.
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