2013-01-10mortgagenewsdaily.com

``Some of these homeowners have paid off their mortgages over time while others purchased their homes for cash. Not surprisingly there were higher rates of homeownership in older age groups, in areas where housing is generally less expensive, and among homeowners with higher credit scores. Data used in the study covers more than 800 metro areas, 2,100 counties and 21,900 ZIP codes nationwide. ''



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