U.S. home mortgage surge past pre-recession record

Home mortgage debt surged to a new high in the second quarter,
leaving the pre-recession 2008 peak in the dust. The total mortgage
balance grew during the second quarter by $162 billion to $9.406
trillion, according to the Federal Reserve Bank of New York, the
Wall Street Journal reported on Tuesday. That’s more than the
2008 record of $9.294 trillion. Mortgage debt has been climbing
since 2013, when it fell by 15 percent in the […]

Source: FS – All – Real Estate News 2
U.S. home mortgage surge past pre-recession record