What will 2024 have in store? LendingTree experts weigh in on housing and economic conditions expected to occur throughout the year, from interest rates on 30-year fixed mortgages to other benchmarks.
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The New York Fed recorded an increase of $129 billion in national outstanding household debt in the first three months of the year, bringing the total debt level up to $11.65 trillion. It was the third straight quarterly gain. Leading the increase was a rise in mortgage debt, which was up by $116 billion from the end of 2013, according to the bank.
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