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Mortgage Boom Drives Biggest Jump In Household Debt Since 2013

fa-mag.com
 2021-08-03

U.S. household debt rose at the fastest pace since 2013 in the second quarter, driven by a mortgage boom as Americans took advantage of low borrowing costs and sought more space to work from home. Household liabilities climbed $313 billion to $14.96 trillion as of the end of June, a...

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