Household borrowing
In April, the total credit liabilities of households (including mortgage and non-mortgage loan debt) edged up 0.2% to reach $2,853.0 billion, continuing the pace of growth recorded in March (+0.2%). Real estate secured debt, composed of both mortgage debt and home equity lines of credit, rose 0.2% (+$4.5 billion) to reach $2,289.9 billion in April.
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