• Economy Watch: Consumer Debt, Including Mortgage, Down

    By Dees Stribling, Contributing Editor Some optimistic news about consumers: they’ve continued to deleverage from high amounts of both mortgage loans and consumer loans. That’s according to the Federal Reserve on Friday, which reported that currently on average, consumer debt service payments—mortgage and otherwise—is now less than 10 percent of disposable

    National 22 June 2015 13:17