WASHINGTON (Reuters) - Americans' debt level rose during the third quarter, driven by an increase in mortgage loans, according to a Federal Reserve Bank of New York report published on Tuesday.
Americans' Debt Level Rises In Third Quarter
Reuters: U.S., Reuters: Nation
Tue, 11/14/2017 - 10:25am
BING NEWS:
- The good news is the government plans to cancel $3 billion in student debt. The bad news is indexation will still be high
The federal government has announced plans to change the way debts are indexed. But it may not help students over the long term.
05/4/2024 - 3:04 am | View Link - US Unemployment Rate by President
Fact checked by Vikki Velasquez A president’s economic policies in office can affect many aspects of the economy, including the unemployment rate. The unemployment rate, or the percentage of people in ...
05/3/2024 - 12:49 am | View Link - Average long-term US mortgage rate rises for again, reaching highest level more than five months
The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s b ...
05/2/2024 - 5:22 am | View Link - Fed keeps interest rates at 23-year high, delaying cuts as inflation progress stalls
T he Federal Reserve kept interest rates at a 23-year high and signaled no immediate plans to cut interest rates, suggesting that officials are having to recalibrate monetary policy as inflation has ...
05/1/2024 - 9:25 am | View Link - Fed holds off on rate cuts after ‘lack of further progress’ on inflation
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year.
05/1/2024 - 7:00 am | View Link - More
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