HOUSEHOLD DEBT AND CREDIT REPORT (Q1 2018)
Household Debt Continues Its Increase in the First Quarter of 2018
The CMD’s latest Quarterly Report on Household Debt and Credit reveals that total household debt reached a new peak in the first quarter of 2018, rising $63 billion to reach $13.21 trillion. Balances climbed 0.6 percent on mortgages, 0.7 percent on auto loans, and 2.1 percent on student loans this past quarter, while they declined by 2.3 percent on credit cards.

For more details:
Report: Q1 2018
Blog: Just Released: New York Fed Press Briefing Highlights Changes in Home Equity and How It’s Used
Loading...