by Calculated Risk on 9/26/2021 04:06:00 PM

In the Newsletter I have The Home ATM

Excerpt:

In Q2 2021, mortgage debt increased $223 billion, the largest quarterly increase since 2006.
...
The bottom line is the recent increase in MEW is not concerning - it is far less as a percent of disposable personal income than during the bubble, and most homeowners have substantial equity.