2018 Third Quarter Mortgage Originations Grow from Prior Quarter

Household Debt and Credit reports, released by the Federal Reserve Bank of New York, show that mortgage balances, which make up the majority of household debt, increased by $141 billion in the third quarter of 2018 from the previous quarter to reach an outstanding amount of $9.14 trillion. They also show that mortgage originations increased by about $8 billion from… Read More ›

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