A home for sale in Austin, Texas, on March 19, 2024. Brandon Bell/Getty ImagesAmerica’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.
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
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