Improved Household Debt Levels Could Insulate Against a Downturn

December 20th, 2018

” The prolonged recovery and expansion have helped households who were underwater due to the housing crisis and the recession that followed float to the surface.  CoreLogic notes that only 4.1 percent of households nationwide are in a negative equity position, down from 5.0 percent last year, and a far cry from the 25.9 percent that were underwater in the first quarter of 2010. “

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