Homeowner Equity Is Lowest Since 1945, Dipping Below 50 Percent, the Lowest on Record Posted: 9 months ago by 2longdogs
Americans' percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. That marks the first time homeowners' debt on their houses exceeds their equity since the Fed started tracking the data in 1945.
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