Items Tagged with 'Outstanding First mortgages'


  • Americans now have more debt than ever before

    Mortgage debt hits highest level in 9 years
    Thanks to increases in mortgage, auto loan, and credit card debt, Americans now have more debt than ever. In fact, mortgage debt now rests at $9 trillion. It’s the first time that mortgage debt has reached the $9 trillion threshold since the second quarter of 2009.
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  • Equifax: First mortgage debt ticks up to $8.3 trillion

    Economy boosts consumer confidence
    The total balance of outstanding first mortgages in January is slightly increasing, growing 2.1% annually to more than $8.3 trillion. Equifax's chief economist explained that home purchase activity accelerated in 2016 as economic conditions boosted consumer confidence.
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