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Baby Boomer Mortgage Lag

According to the  TD Canada Trust Boomer Buyers Report, more than half (56 per cent) of Canadian baby boomers have not paid off their mortgages. TD polled 1,000 boomers born between 1946 and 1964 for the Boomer Buyers Report conducted in October 2010. Of those who have not paid off their mortgage, one third have paid off more than 75 per cent of their mortgages while another quarter of the boomers ...