The Federal Reserve Bank of New York reported Thursday in their Household Debt and Credit Report that mortgage debt lowered slightly in the second quarter of 2015.
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New York Fed Reports that Mortgage Balances Place Hold on Debt
The Federal Reserve Bank of New York (New York Fed) released their Household Debt and Credit Report this week that showed household debt balances including, mortgages, credit cards, auto loans, and student loans were “largely flat for Q1 2015.”
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