North Carolina Ranks As The 2nd Worst State In America For Rising Mortgage Debt

Their team analyzed Experian data to uncover how much average mortgage debt increased in every state between 2022 and 2023 (the most recent publicly available data). For added context, they also analyzed Zillow data to uncover the typical home value in 2024 for every state.

According to the report, average mortgage debt increased more than $11,500 in just one year in North Carolina, the second highest increases in the nation.



Charlotte Stories

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *