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For many, homeownership is a vital part of the American dream. Buying a home represents one of the largest lifetime expenditures for most homeowners, and the mortgage has generally become the financing instrument of choice. For many families, their mortgage will be their greatest debt and their...
Publication Date: June 28, 2019
Topic: Credit & Debt, Financial well-being
Author: Chen Zhao, Diana Farrell, Kanav Bhagat
Publisher: J.P. Morgan Chase Institute
Content Type: Research
Format Type: Report
Tag: Debt, Home ownership, Household debt, Housing, Lending, Mortgage, United States
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