Why Are Homeowners With A Mortage Low and Mortgage Debt High?

Today’s News Synopsis: Mortgage debt is at a historical high, while the number of homeowners with a mortgage is at its lowest in 14 years.  The National Association of Realtors reported existing-home sales increased by 2.5% in July.  Mortgage applications, meanwhile, decreased 0.9% from last week. In The News: Realtor.com – “Mortgage Market Reopens to Risky …

Why Are Homeowners With A Mortage Low and Mortgage Debt High? Read More »