MORE DEBT!

Monday Sep 05th, 2022

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Filings at the Office of the Superintendent of Financial Institutions showed that home equity line of credit (HELOC) outstanding balances went up by 0.6% monthly and by 2.9% annually in June, reaching $171.1 billion.

Annual growth is the highest rate in nearly a decade, # SANDI HALPERN # REAL ESTATE # DEBT

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