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HomeBusinessReal EstateMortgage Borrowing Sees Record High in 2021

Mortgage Borrowing Sees Record High in 2021

The recent housing marketplace fueled an all-time document for the volume American citizens borrowed to shop for houses in 2021.Loan lenders issued $1.61 trillion in acquire loans remaining yr, in keeping with initial information from the Loan Bankers Affiliation. That tops a prior document set in 2005 of $1.51 trillion.

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