Homeowners are tapping home equity lines of credit at the fastest pace in decades
Summary
Total U.S. household debt rose 1.8% to $19.1 trillion in the quarter, and 5.0% of outstanding debt was in some stage of delinquency
Description from Quartz.
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Homeowners are tapping home equity lines of credit at the fastest pace in decades
Total U.S. household debt rose 1.8% to $19.1 trillion in the quarter, and 5.0% of outstanding debt was in some stage of delinquency
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