Q&A: How many US auto loans and home mortgages financed by banks are out there?
Question by khulet: How many US auto loans and home mortgages financed by banks are out there?
I’m trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It’s for a school project.
Best answer:
Answer by rhsaunders
Go talk to an officer at your local bank. There are many tens of millions of each, but I don’t have exact data.
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