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flag Over 33 million U.S. homeowners now own their homes outright, up from 26.7 million a decade ago.

flag Over 33 million U.S. homeowners now have no mortgage, making up about 40% of all homeowners, up from 26.7 million a decade ago, according to U.S. Census Bureau data. flag This rise reflects a growing number of homeowners paying off their loans faster than new borrowers are taking them on, driven by longer home tenures, rising equity, stable housing markets, and stronger financial discipline. flag While most homeowners still carry a mortgage, the increasing share achieving mortgage-free status signals a shift in the nation’s housing landscape.

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