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Tag Archives: Senior Citizens

Seniors Remain Vulnerable to Housing Market Fluctuations

“Demand for affordable, accessible housing, in-home services, and neighborhood supports and amenities is set to soar—yet right now, we fall well short of meeting even today’s needs,” said Jennifer Molinsky with the Harvard Joint Center for Housing Studies.

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Older Americans Carrying More Mortgage Debt

New Homes

While the homeownership rate among Americans age 65 and older has remained at a constant 80 percent for the past decade, the percent of older Americans with outstanding mortgage debt has increased since the start of the housing crisis, according to a report released Wednesday by the Consumer Financial Protection Bureau (CFPB).

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