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U.S. household debt near record levels, Federal Reserve report says

17 (UPI) --Total U.S. household debt climbed to a near-record $12.58 trillion by the end of 2016, a Federal Reserve Bank of New York report says. February's 33-page ... between the 2008 and 2016 debt levels, the report said, is that fewer delinquencies ... read more
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U.S. Household Debt Jumps To Near Crisis-Era Record, Says NY Fed Survey

U.S. household debt hit near an all-time high in the fourth quarter, reaching $12.58 trillion, as credit was more readily available for mortgage, auto and student loans, a Federal Reserve Bank of ... said in the report. Some 4.8 percent of the debt was ... read more

Fed Says U.S. Household Debt Declined to 2006 Level

U.S. households reduced debt during the first quarter by 1 percent to the lowest level since 2006, resuming a deleveraging trend in the wake of the financial crisis, according to the Federal Reserve ... rising to a record $986 billion. “Household ... read more

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U.S. households’ mortgage debt rises to 4-year high, Fed says

Increased mortgage borrowing was behind a 1.1 percent rise in U.S. household ... level since the third quarter of 2011, according to the New York Fed’s quarterly report on household debt and credit, released Tuesday. Auto-loan debt rose to a record ... read more

Household debt falls to record low in 4Q

A measure of the burden of U.S. household ... while a report last month from the New York Federal Reserve Bank said consumer debt rose in the last three months of 2012 for the first time in four years. A HELPING HAND FROM THE FED Near record low interest ... read more

Fitch: US Household Debt Drop Supports Strong ABS Metrics

NEW YORK--(BUSINESS WIRE)--Strong credit card ABS metrics will continue, Fitch Ratings says ... Federal Reserve report last week, total U.S. household debt has fallen from a peak of 135% in 2007 to 108% in the third quarter of this year. This is the lowest ... read more

The Dark Side of Americans' Rising Net Worth

Americans' net worth has shaken off the effects of the recession and hit a record high, according to data released by the Federal Reserve ... levels; in 2007, household net worth was at $66.9 trillion. [RELATED: Americans Digging Further Out of Debt ... read more

U.S. household debt near record levels, Federal Reserve report says

Total U.S. household debt climbed to a near-record $12.58 trillion by the end of 2016, a Federal Reserve Bank of New York report says. February’s 33-page “Quarterly Report of Household Debt and Credit” shows that every category of debt measured ... read more

U.S. household debt near record levels, Federal Reserve report says

Mortgages accounted for 67 percent of the $12.58 billion in U.S. household debt, which February's report by the Federal Reserve Bank of New York says is expected to increase in 2017. The report says the record $12.68 trillion in household debt, set in 2008 ... read more


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