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US Consumers Got a $600 Billion Boost From Locked-In Mortgages

(Bloomberg) -- Mortgages locked in at low costs provided US consumers with an extra $600 billion in spending cash since 2022, blunting the impact of the...


  • Aug 28 2024
  • 79
  • 364 Views
US Consumers Got a $600 Billion Boost From Locked-In Mortgages
US Consumers Got a $600 Billion Boost From Locked-In Mortgages
(Bloomberg) -- Mortgages locked in at low costs provided US consumers with an extra $600 billion in spending cash since 2022, blunting the impact of the Federal Reserves interest-rate hikes, accordin… [+1564 chars]

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