Sentences with phrase «components of your household debts»
If the family does not own its home, it does not have a mortgage and is therefore free of the largest component of household debt.
http://www.pewsocialtrends.org/
Mortgage debt is currently the largest component of household debt in the U.S., according to the Federal Reserve Bank of New York.
Not exact matches
Considering that the most recent U.S. Bureau of Labor Statistics figures show that housing costs are the biggest component of household spending, it's not surprising that loans taken out to buy homes are the biggest source of debt for those surveyed by GOBankingRates.