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Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

by | Jun 12, 2023 | 2023 real estate prediction, 2023 real estate predictions, Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, Colorado Hard Money, Colorado private lender, commercial hard money, Commercial Lending valuation, Denver Hard Money, Denver private Lending, Georgia hard money, hard money, Hard Money Lending

  Households added $148 billion in overall debt, bringing the total to $17.05 trillion, according to a report released by the Federal Reserve Bank of New York on Monday. Balances are now $2.9 trillion higher than just before the pandemic.  What categories are...