From the NY Fed: Total Household Debt Increased in Q3 2020, Led by Surge in New Credit Extensions; Mortgage Originations, Including Refinances, Continue to Soar
Calculated Risk
NY Fed Q3 Report: "Total Household Debt Increased in Q3 2020, Led by Surge in New Credit Extensions"
Bill McBride
1 comment:
Debt service payments as a percentage of disposable income at an all time low. So?
Debt service payments.
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