Mortgage debt accounted for nearly three-quarters of all US consumer debt during August, according to the latest Consumer Credit Trends Report published by Equifax (NYSE: EFX). In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Mortgage...
New York City’s Public Advocate Jumaane Williams lost a two-family home he owned in Brooklyn after refusing to pay his mortgage for the last 15 years. The New York Post reports that Williams – who is first in line to succeed the city’s mayor – purchased the home with...
One of the nation’s smallest states has the greatest increase of mortgage debt, according to a new data report from WalletHub. In an analysis of proprietary data from 2024’s third quarter to fourth quarter, Vermont recorded the greatest upswing in mortgage debt, with...
Total household debt increased by $109 billion in during the second quarter to $17.80 trillion, a 0.6% uptick, according to new data from the Federal Reserve Bank of New York. Regarding housing debt, the new data report found mortgage balances up by $77 billion from...
A Phil Hall Op-Ed: Today, while most of the country was looking skyward through special glasses to see a once-in-a-lifetime total eclipse, President Biden was looking at his tanking poll numbers and hastily served up another scheme to erase student loan debt. Biden’s...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
