Bankrate: More Than Three-Quarters Say Their Mortgage Negatively Impacts Their Ability to Save Money
March 12, 2020
March 12, 2020
NEW YORK, March 12 -- Bankrate, a provider of financial services, issued the following news release:
Seventy-seven percent of U.S. mortgage holders say the size of their mortgage has a negative impact on their ability to save money for the future, according to a new survey by Bankrate.com. This includes 31% who say it has a major negative impact and 46% who say a minor one. Meanwhile, U.S. homeowners are more likely to have the equity in their home exceed their retirement savings. C . . .
Seventy-seven percent of U.S. mortgage holders say the size of their mortgage has a negative impact on their ability to save money for the future, according to a new survey by Bankrate.com. This includes 31% who say it has a major negative impact and 46% who say a minor one. Meanwhile, U.S. homeowners are more likely to have the equity in their home exceed their retirement savings. C . . .