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Canadian Households Owe More Than $2.1 Trillion Dollars. Total household debt hit a new record, but the annual pace of growth continued to decline. The total balance at the end of March stood at a whopping $2.129 trillion, up $3.4 billion from the month before. The annual rate of growth is now 5.25%.
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14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired | zero hedge An excel spreadsheet Underwater Equity Data – Zandi and Shiller (mortgage, mortgages, percentage) – Real Estate -Brokers, appraisals, development, lease, investing, relocation, apartments, houses, condos, values, mortgages, loans.
Negative equity – which occurs when a home is "underwater," or worth less than the mortgage value – ticked up slightly from the first quarter of this year, but still remains below last year’s figure: U.S. homeowners had a total of $284.4 billion in negative equity, down from $285.1 billion at the same time last year.
14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired Mortgage Debt Fuels Total Household Debt. The total number of mortgage accounts is up to 52.7 million from 52.0 million in the fourth quarter of 2016.