Average Mortgage Debt Rose 14% over the Past 5 Years
Independent Tribune (N.C.), Aug. 11, 2022–Dom DiFurio
Average mortgage debt held by American homeowners has risen 14%, according to Experian data. At the end of 2021, the average mortgage balance was $223,952 in the U.S., up from an average of $196,403 for the same time period in 2017.
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