Outstanding first mortgage balances nearing recession-era levels

Equifax report shows mortgage debt nearing all-time highs. But an expert cautions not to worry.

EMBRACE. FOCUS. EXECUTE. Build your 2019 roadmap to success with 4,000+ real estate leaders.
Inman Connect New York | January 29 - February 1, 2019

Outstanding first mortgage balances reached $8.8 trillion in February as debt barreled ever closer to an all-time high of $9 trillion tallied in 2008, in the midst of the housing crisis.