US Mortgage Debt Slashed By $100 Billion In The Last Year



the US mortgage debt has decreased, according to new reports

A recent article on the USA Today website reported that American homeowners have managed to trim $100 billion off of mortgage debts over the past year.   Apparently, there are a number of contributing factors to the reduction of the US’s yearly mortgage debt, such as refinancing of mortgages, lower interest rates and homeowners choosing [...]