A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP
A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP
Property /  International

US mortgage debt remains stable despite rising sales and prices

Homeowners still wary of housing-related debt amid increase in purchases and costs

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AP

Updated: 2:54pm, 20 Jul, 2018

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A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP
A Federal Reserve Bank of New York report indicates there is little sign of a return to bubble-era excesses in mortgage financing. Photo: AFP
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