Americans' mortgage debt soars to a record $10 trillion
November 18 2020, 08:00
Low interest rates have helped fuel a boom in the US housing market: Last quarter Americans' mortgage debt climbed to a record high of nearly $10 trillion, the Federal Reserve Bank of New York reported Tuesday.
Low interest rates have helped fuel a boom in the US housing market: Last quarter Americans' mortgage debt climbed to a record high of nearly $10 trillion, the Federal Reserve Bank of New York reported Tuesday.
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