Hello khss,
According to the National Center for Policy Analysis, some 40 percent
of homeowners have no mortgage on their homes, and thus have no
mortgage interest to deduct.
http://www.ncpa.org/ba/ba195.html
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?About 40 percent of homeowners have no mortgage on their homes.?
Source: National Center for Policy Analysis
http://www.ncpa.org/bg/bg139.html
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From Dallas News:
?An impressive 38 percent of all homeowners have no mortgage debt.
Thirty-eight percent of all homeowners own their houses free and
clear. The other 62 percent are carrying all the debt--- and some of
those owe a lot less than others.?
http://www.dallasnews.com/s/dws/bus/scottburns/columns/archives/2001/010812SU.htm
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?According to government figures, nearly 40 percent of all homes are
debt free. The South, at 42.1 percent, has the highest amount of
debt-free homeownership. The West has the lowest amount, 31 percent.?
http://www.christinawhipple.com/index.php?option=com_content&task=view&id=48&Itemid=47&lang=
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According to the U.S. Census Bureau 2003 National Data Chart for Total
Occupied Housing Units:
http://www.census.gov/hhes/www/housing/ahs/03dtchrt/ahs03.html
There are 72,238,000 owner occupied housing units.
http://www.census.gov/hhes/www/housing/ahs/03dtchrt/tab2-1.html
Of these, 25,020,000 do not have mortgages, they are owned free and clear.
http://www.census.gov/hhes/www/housing/ahs/03dtchrt/tab3-15.html
Using the above data, 34.7% of U.S. owner occupied housing units do
not have a mortgage.
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Additional information that might interest you:
?Seventy-six percent of older homeowners own their homes free and clear.?
? American Housing Survey for the United States, U.S. Census Bureau,
published in 2000. Plus Housing Characteristics: 2000, from U.S.
Census Bureau, published October 2001.
http://www.suddenlysenior.com/maturemarketstats2002.html
Search criteria:
U.S. Census Bureau Housing
American Housing Survey
I hope you find this information helpful!
Best regards,
Bobbie7 |