Household Debt and Credit Impacting the Housing Market
Household Debt and Credit Impacting the Housing Market | Delinquencies Rise, Total Credit Card Debt Nearing $1 Trillion
Welcome to our informative video on the pressing issue of household debt and credit, and its profound impact on the housing market. In this video, we explore the recent trends in delinquencies, the alarming rise in total credit card debt nearing a staggering $1 trillion, and how these factors are shaping the current state of the housing market.
1. Understanding Household Debt:
2. Rising Delinquencies
3. Total Credit Card Debt Approaching $1 Trillion:
4. Housing Market Effects:
If you found this video informative and engaging, please consider liking, subscribing, and sharing it with others who may benefit from this valuable information. Help us spread awareness about the impact of household debt and credit on the housing market.
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Joseph Dionne
Managing Partner
Appli Home Loans
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Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
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00:00 Introduction
00:53 Household Debt Explodes
01:43 Non Housing Debt Balance
07:08 Credit Card Accounts Explode
09:50 Account Delinquencies Increase Sharply
12:06 Daily Treasury Statement
14:53 Orlando Weekly Numbers
Remember to bookmark this video for future reference and share it with others seeking insights into the pressing issue of household debt and its impact on the housing market. Thank you for watching!
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
household debt, credit showing delinquencies, total credit card debt, housing market, mortgage, student loans, auto loans, financial stability, debt management, delinquency rates, credit card debt, affordability, foreclosure, real estate market
#HouseholdDebt #CreditDelinquencies #CreditCardDebt #HousingMarket #DebtManagement #FinancialStability #mortgageadjustments #floridarealestate #interestrates #fhaloan #fhanloans #mortgagerates #mortgageratestoday #orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagentl #homesales #homesellers #homesforsale #homesforsaleinorlando #realestate #realestatenews #newhomes #appli #nexthome #housingmarket2023 #orlandohousingmarket
00:00 Introduction
00:53 Household Debt Explodes
01:43 Non Housing Debt Balance
07:08 Credit Card Accounts Explode
09:50 Account Delinquencies Increase Sharply
12:06 Daily Treasury Statement
14:53 Orlando Weekly Numbers
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