Housing Insights

Fannie Mae: Boomers won’t own their home free and clear before retirement

While Baby Boomers criticize Millennials for waiting longer than previous generations to buy a home, Boomers themselves are failing to keep up with the pace set by the generation before them. Although they had an accelerated rate of free and clear homeownership after the recession, even the youngest Boomers won’t reach the same rate as previous generations.