FED: Q4 Mortgage Debt Continues Rapid Growth

for most americans one's house is the single biggest investment they have (they sure don't have much savings in the bank). if when people sell they can't get the 'estimated value' of their property, there will be alot of hurt as not being diversified is the oldest and wisest investment advice yet here we are doing precisely the opposite.

So one possibility is that the US consumer is starting to tighten, starting to listen to Trigger Dick about saving.
Or it could be as simple as having one of the mildest winters on record.
Or the 'brought forward' picture of those robust auto sales in q3 that backed off in q4.
Housing sales, as we have seen, have declined modestly with rising mortgages suggesting moderation with the US consumer.
But what can we tell from these stats that don't describe the immoderate consummer potential of Bill Gates and the (way) less fortunate homebuyers who are facing their first ARM renewels?

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