Burden of Housing Debt

Here Come the HELOCs: Mortgages, the Burden of Housing Debt, Serious Delinquencies, and Foreclosures in Q3 2024 HELOC balances surged, mortgages not so much, and incomes grew a lot faster than housing debt.by Wolf Richter  Mortgage balances rose by just $71 billion, or by 0.57% in Q3 from Q2, the smallest percentage increase since the […]