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Tag Archives: Mortgage Debt

Mortgage Debt on the Rise, Volume of Mortgages Falling

During the same time frame of the household-owned value of the U.S. housing market reaching an all-time high of $26.12 trillion, the share of homeowners with a mortgage is at 62.9%—the lowest level since 2005—according to the Urban Institute.  The ...

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Can Having Mortgage Debt be Good for You?

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Is having debt a good thing? A new study by LendingTree found a correlation between mortgage debt and life expectancy, as higher debt relative to income is linked to higher life expectancy.  “That trend reaffirms the idea that homeownership is ...

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The Changing Makeup of Consumer Debt

debt

Mortgage debt makes up a noticeably smaller share of total consumer debt than it did a decade ago, according to the latest Equifax National Consumer Credit Trends Report, covering data for March 2018. According to the Equifax report, mortgage debt ...

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