National debt metrics for 1Q/17

Debt Dollars

In 17Q1, household debt rose by $149 billion and now totals $12.73 trillion, surpassing the previous peak of $12.68 trillion set in 08Q3, 8.5 years ago. Mortgage debt currently equals $8.63 trillion or 68% of all household debt. In 08Q3, mortgages totaled $9.99 trillion or 78% of all debt. Today, student loans total $1.34 trillion, 11% of all debt, back then they were $610 billion or 5% of debt.

Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
Cell: 202.306.2731


About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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