U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded
Mortgage balances rose by $162 billion in the second quarter to $9.406 trillion, surpassing the high of $9.294 trillion in the third quarter of 2008, the Federal Reserve Bank of New York said Tuesday.
Fannie Mae and Freddie Mac back about half of new mortgages in the U.S. Now, talks are heating up about reshaping or shrinking the two companies, a move that could impact millions of Americans. Photo: Heather Seidel/The Wall Street Journal
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Seniors have more household debt now than they did during the financial crisisDebt has soared to record levels for older Americans, and it isn’t just because of mortgages
Leer más »
80 years since Toto and Dorothy arrived in OzTODAY IN HISTORY: 80 years ago today, the movie musical 'The Wizard of Oz,' starring Judy Garland, had its world premiere at the Strand Theater in Oconomowoc, Wisconsin.
Leer más »
Past-due student loans, credit card debt could weigh on U.S. growthMore people in the United States appear to be struggling to keep up with their c...
Leer más »
Greenspan says 'there is no barrier' to negative yields in the USAlan Greenspan said nothing is stopping the U.S. from getting sucked into the global trend of negative yielding debt, Bloomberg reported Tuesday.
Leer más »
US Treasury yields tick lower amid trade war concernsU.S. government debt prices were slightly higher Monday morning, amid ongoing trade tensions between the world's two largest economies.
Leer más »
Uber's stock just hit a new record low after last week's disastrous earnings reportShares plummeted last following a quarterly report that fell short of investor expectations last week. The sell-off continued through Monday.
Leer más »