In September, the total credit liabilities of households increased $6.2 billion (+0.2%) to reach $2,881.6 billion. Real estate secured debt, composed of mortgage debt and home equity lines of credit, grew $5.0 billion (+0.2%). Household mortgage debt rose $5.6 billion (+0.3% every month; +3.2% on an annualized basis) in September, a slowdown in growth compared with August.
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