 TITLE: Millennials on Pace to Hold Most Mortgage Debt CONTENT: Millennials Carry Second-Highest Average Mortgage Debt\n------------------------------------------------------\nMillennials now have the second-highest average mortgage balance of any generation. Among millennials who have a mortgage, the average amount owed was $222,211 in Q1 2019—up 5% from last year's $210,923.\nCompare that with Generation X—people between ages 39 and 54, which held the highest average mortgage balances of $237,753 in Q1 2019—and the balances of the younger generation are fast approaching.\nSource: Experian Q1 2019 data END