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Household Debt Climbs to Record in U.S. Amid Surge in Mortgages
By Alex Tanzi and Shahien NasiripourNationwide, home loans, which increased 5% last year, crossed the $10 trillion threshold for the first time.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
Nationwide, home loans, which increased 5% last year, crossed the $10 trillion threshold for the first time.