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The median age for first-time homebuyers has hit 40, which is much older than in previous years. This means mortgages may last into retirement.

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https://newsletter.tf/first-time-homebuyers-age-40-us-record-high/

First-time homebuyers now 40 years old in US, highest age ever

The average age for first-time homebuyers in the US has reached 40, the highest on record. This means people are buying homes much later in life.

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