Millennial Mortgage Debt High In DC

Millennials are on pace to have more mortgage debt than any other generation.
Nowhere in the U.S. is that more an issue than the District, with an average mortgage debt of near 451-thousand dollars — more than twice the national average, according to Experian.
Maryland ranked No. 8, with an average millennial mortgage debt of near 280-thousand. Virginia tenth at 270-thousand.
Experian notes that millennials with the largest average mortgage balance also have some of the best credit scores in the nation. District millenials are near the top with an average FICO score of 698.

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