Home Equity Loans - U.S. Economic Growth Rises Sharply
U.S. Economic Growth Rises Sharply
The economy grew at an annual rate of 4.8 percent in the first quarter, its fastest pace in more than two years.
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American consumers go on a debt diet in March
Americans increased their borrowing in March at the slowest pace in four months as people cut back on their credit card charges. The Federal Reserve reported Friday that consumer borrowing rose at an annual rate of just 1.4 percent in March. That was down from a 2.5 percent pace in February and represented the smallest increase since November when consumers actually sliced their borrowing.
