Household borrowing
In April, the total credit liabilities of households rose $8.4 billion (+0.3%) to reach $2,951.9 billion. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew by $6.0 billion (+0.3%). Household mortgage debt increased $5.2 billion (+0.2%) in April, a slowdown compared with March (+0.3%).
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