Knowledge Tree
Relations (1)
cross_type 2.32 — strongly supporting 4 facts
The U.S. is the geographic location where mortgage debt trends and measurements are analyzed, as evidenced by the stability of mortgage debt since the 2008 housing crisis [1], [2], [3] and the specific increase in average mortgage debt reported for the country in 2023 [4].
Facts (4)
Sources
The Impacts of Individual and Household Debt on Health and Well ... apha.org 3 facts
claimSince the 2008 housing crisis, mortgage debt has remained stable in the United States, while unsecured consumer debts have continued to rise.
claimSince the 2008 housing crisis, mortgage debt in the United States has remained stable, while unsecured consumer debts have continued to rise.
claimSince the 2008 housing crisis, mortgage debt in the United States has remained stable while unsecured consumer debts have continued to rise.
What is Personal Finance? A Guide to Managing Your Money westernsouthern.com 1 fact
measurementAverage mortgage debt in the United States increased to $244,498 in 2023.