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Americans’ Mortgage Debt Increased to $10T in Q4
HousingWire, Feb. 17, 2020–James Kleimann
Overall household debt increased by $206 billion in the fourth quarter of 2020 to $14.56 trillion, according to the Federal Reserve Bank of New York. The Fed said that increase was primarily driven by a dramatic increase in mortgage originations.
https://www.housingwire.com/articles/americans-mortgage-debt-increased-to-10t-in-q4/