Growth in Mortgage Debt Outstanding

In the U.S., the retail mortgage sector is single-family mortgages. Single-family is often defined as 14 units per property.

I 3,000

2,000

1,000

1994 1995 1996 1997 1998 1999 2000 2001 2002

1- 4 Family

1994 1995 1996 1997 1998 1999 2000 2001 2002

Source: The Bond Market Association

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