Sentences with phrase «mortgage debt outstanding rose»
Multifamily mortgage debt outstanding rose to $ 930 billion, an increase of $ 13.0 billion from the first quarter of 2014.
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Household debt outstanding, which includes mortgages, credit cards, auto loans and student loans, rose $ 127 billion between July and September to $ 11.28 trillion, the first increase since late last year and the biggest in more than five years, Federal Reserve Bank of New York figures showed Thursday.
With interest rates on the rise, Moody's notes that mortgage - servicing costs are likely to climb because nearly half of outstanding mortgages are due for interest rate renewals within a year, adding further strain on households» debt - servicing capacity.
At the same time, consumer credit and mortgage debt outstanding are rising.
The Fannie Mae executive added that total outstanding mortgage debt should rise to between $ 11 trillion and $ 14 trillion by 2010 from $ 5 trillion in 2000, as these newly created households get mortgages for their homes.