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U.S. Households’ Mortgage Debt Rises to Four-Year High: NY Fed

U.S. Households’ Mortgage Debt Rises to Four-Year High: NY Fed

Increased mortgage borrowing was behind a 1.1% rise in U.S. household debt in the first quarter, with slowdowns in other areas such as credit-card balances and auto loans, according to the Federal Reserve Bank of New York

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