National Mortgage Debt Tops $12.6 Trillion Amid Rising Rates And Costs | ZeroHedge
Authored by Mary Prenon via The Epoch Times (emphasis ours),
A new WalletHub report indicates that total national mortgage debt is now over $12.6 trillion, with the average American household currently owing $105,000 on their mortgages. The report blames rising interest rates and housing costs for making home ownership more challenging.
A development of new homes in Eagleville, Pa., on April 28, 2023. Matt Rourke/AP
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