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household

Household debt reached $17.05 trillion in Q1 of 2023 despite a mortgage demand decrease

Per CNBC In the first quarter of 2023, the total household debt reached $17 trillion despite a demand for mortgages. New mortgages, including refinancing, reached just $323.6 billion, which brings it closer to its 2014 Q2 numbers. The NY Feds reported that from January to March, total borrowing for
18 May 2023 1 min read
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