 TITLE: Baby Boomer Mortgage Debt Growing Slower Than Any Other Generation CONTENT: Mortgage Debt Growing Slower Among Boomers\n------------------------------------------\nBaby boomer mortgage debt is growing at a slower pace than that of any other generation. In fact, since Q2 2018, baby boomers' average mortgage balance only changed by a fraction of a percent, increasing by 0.27%, from $174,399 to $175,865.\nWhen looking at mortgage balances over the past seven years, baby boomers were the only group that saw mortgage debt decrease. Since the second quarter of 2012, baby boomers' average mortgage balances shrank by 2%, while nearly all generations (Generation Z was not counted in this analysis due to their age) saw their balances grow, according to Experian data. END