How Total Debt Affects the Housing Market



By far, home mortgages remain the biggest share of American consumer debt at $8.854 trillion. However, total consumer debt is at $12.252 trillion. After homes mortgages, the largest debt owed by consumers is college loans at $1.261 trillion. Next comes car debt that stands at $1.071 trillion, followed by credit card debt at $712 billion. […]

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free