Rising home prices drive up homeowner debt, but don't panic

Homeowners are responsibly handling their mortgage debt, perhaps the best news of all
  • As home prices rise, American homeowners are accruing more mortgage debt.  
  • Compared to other forms of consumer debt, however, a modest rise in mortgage debt doesn't warrant losing sleep.

Americans are paying more for homes, and the result is showing up in the form of red ink on families’ balance sheets.