Baby Boomers hold $83.3 trillion in assets, over half of all U.S. household wealth.
Gen X accounts for $42.6 trillion, more than the combined $37.2 trillion held by the Silent Generation, Millennials, and Gen Z.
Millennials and Gen Z together hold just $17.1 trillion, making up 10.5% of total wealth—despite being the largest cohort by population size.
Although Boomers make up less than 20% of the population, they own nearly 41% of all real estate in the U.S., according to a new report.
Real estate accounted for 22.7% of Boomers’ total wealth.
Gen X owns 12.2% less real estate compared to Boomers at the same age, per the report.
Source: visualcapitalist
Mortgage Rates
Decrease to Lowest
Level in Over a Year
Mortgage rates continued to trend down this week, hitting their lowest level in over a year. At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower. This dynamic has kept refinancings high, accounting for more than half of all mortgage activity for the sixth consecutive week.