top of page
Search
  • Metro East REIA

Total Household Debt Keeps Rising

A new report from the NY Fed says total household debt rose by $313 billion (2.1%) to reaching $14.96 trillion in Q2, 2021. According to their latest Quarterly Report on Household Debt and Credit, mortgage balances was the largest component of household debt, rising by $282 billion. In addition, auto loans increased by $33 billion, credit card balances ticked up by $17 billion and student loan debt actually decreased by $14 billion. This is an information-rich report with 40+ pages of graphs and charts. Continue reading HERE...

4 views0 comments

Recent Posts

See All

Foreclosure Starts Increase Slightly

According to the ATTOM Data’s Q1 2024 Foreclosure Report, there were 95,349 with a foreclosure filing during the first quarter of 2024, up 3% from the previous quarter but down less than 1 percent fro

Commenti


bottom of page