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Tag Archives: Mortgage Debt

Adept at Debt

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When it comes to balancing mortgage obligations with credit card debt and college loans, Michiganders are doing a bang-up job, so says a new study by Credible of ...

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Household Debt at Record Levels

Household debt has surpassed recession levels, according to the New York Federal Reserve. Mortgage debt proved to be the highest increasing debt factor, going up went up by $147 billion quarterly and $258 billion annually. Total mortgage debt as of Q1 2017 was $8.63 trillion.

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Mortgages Lead Consumer Debt Increases in Q3

"The trend in the market indicates consumers appear more confident in the economy and are moving forward with their lives and borrowing money again." -Assad Lazarus, SVP, Product and Customer Experience at Equifax Personal Information Solutions.

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