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01.05.26 - 19:18
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US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000 (ZeroHedge)
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US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Authored by Mary Prenon via The Epoch Times,
America's mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report.
The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years.
“Mortgage rates are the highest they've been in around a decade, and home prices have seen a meteoric rise in recent years as well,” WalletHub analyst John Kiernan said in the report.
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs for homeowners, so it's important to choose wisely when deciding where and when to buy a house.”
Comparing the 50 states based on proprietary data from the third quarter of 2025 to the fourth quarter, WalletHub found that the northernmost state, Alaska...
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30.04.26 - 20:01
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Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide (The Hill)
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The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season. The benchmark 30-year fixed rate mortgage rate rose to 6.3% from 6.23% last week, mortgage buyer Freddie Mac said Thursday. That's still down from one year ago, when the rate averaged......
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28.04.26 - 16:48
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US Home Prices Dipped In February For First Time Since June 2025 (ZeroHedge)
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US Home Prices Dipped In February For First Time Since June 2025
For the first time since June 2025, US home prices (in the largest 20 cities) fell in February (by 0.05% MoM) according to the latest (admittedly lagging and smoothed) Case-Shiller data.
The decline comes after prices surged into the turn of year and has now dragged the YoY gain in prices down to just +0.9% - the weakest since July 2023.
The trend is clear across almost every city...
Given the lag in Case-Shiller data, one could argue that prices should be starting to rise here...
But the oddly tight coupling with Fed Reserves suggests the path is lower...
Is this Trump's 'affordability' plan kicking in? Or just lagged rates finally impacting reality.
Tyler Durden
Tue, 04/28/2026 - 09:25...
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23.04.26 - 19:01
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Average US long-term mortgage rate slips to 6.23%, its third weekly drop (The Hill)
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The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6.23% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.81%. The......
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21.04.26 - 17:03
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US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates (ZeroHedge)
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US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)...
Source: Bloomberg
...extending its bounce off record lows...
Source: Bloomberg
“Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” NAR Chief Economist Lawrence Yun said in a statement.
“A greater supply of inventory will help translate that demand into more home sales.”
Pending home sales in the South, the biggest home-selling region in the country, increased 3.9% in March.
They rose 4.4% in the Northeast but decreased in the Midwest and West.
While mortgage rates did pick up at the start of March (Iran War), pending home sales have been disconnected from i...
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21.04.26 - 16:18
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Trump wants $1.5tn for the Pentagon – and cuts to healthcare and housing | Steven Greenhouse (The Guardian)
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The president's proposed $445bn increase in military spending would batter popular domestic programs as millions struggleWith Americans focused on Donald Trump's deeply unpopular war against Iran, far too few Americans are focusing on another disastrous Trump idea: increasing the Pentagon's budget to a colossal $1.5tn. Just as Trump's Iran war has hurt millions of Americans by sending gas prices skyward, Trump's supersized Pentagon budget will hurt millions of Americans because Trump, to help finance that budget, is pushing for painful cuts in health, education, and housing programs.By proposing a record-breaking $445bn increase in military spending, Trump is showing he's gung-ho for guns, but not for butter, even though millions of Americans are struggling financially and are eager for more butter – social spending – to make their lives easier. Trump's proposed military budget would mean a spectacular jump – it would be 42% above this year's budget and two-thirds bigger than Joe Biden's la...
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19.04.26 - 05:00
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Will AI job fears hurt China′s housing market as they have in the US and India? (SCMP)
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Growing public anxiety over artificial intelligence-driven job loss, especially in technology and other white-collar sectors, has weighed on housing sentiment in the US and India.
Yet data remains insufficient to quantify the direct impact of AI-related job fears on China's sluggish home-buying sentiment, though analysts expect such concerns to make households more cautious about long-term housing purchase decisions.
China's rapid AI adoption to boost automation and productivity had implications......
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