Mortgage borrowing and delinquency rates have changed a lot in the decade since the Great Recession, according to a new report which also looked at how access to credit and lending patterns have changed over the decade.
Read More »Mortgage Balances Lead Increase in Household Debt
Household Debt, led by mortgage debt, increased substantially in 2017 as the economy continued to grow for the fifth consecutive year, according to the Quarterly Report on Household ...
Read More »Mortgage Debt, HELOC Balances Going Separate Ways
While mortgage balances in the United States ticked up slightly over-the-year in Q2, home equity lines of credit (HELOC) balances declined. Why are these two cohorts headed in different directions?
Read More »Mortgage Balances Lead Overall Household Debt
Mortgages, the largest component of household debt, increased in the first quarter due to the year-over-year uptick in originations.
Read More »Mortgage Balances Rise in 2014
According to a report released Wednesday by credit reporting firm TransUnion, the average mortgage balance per consumer increased to $187,139 by the end of last year's fourth quarter, up from $185,496 in Q4 2013. The greatest increase in mortgage balances came in the super prime risk category.
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