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Americans borrowed record $1.2tn in fourth quarter for mortgages

Americans borrowed record $1.2tn in fourth quarter for mortgages

According to the Reserve Bank of New York, Americans took out $1.2 trillion worth of mortgages during the last three months of 2020…

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The Financial Times

https://www.ft.com/content/564502cc-744c-4cbd-bcff-e1554d17ab4d