Household Debt And Credit news and trends

NY Fed: Mortgage Originations Dropped, Debt Delinquencies Rose in Q1

May 15, 2023
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NY Fed: Mortgage Originations Dropped, Debt Delinquencies Rose in Q1

May 15, 2023
Mortgage originations dropped and debt delinquencies rose during the first quarter. These trends happened as total household debt rose $148 billion, or 0.9%, in the first quarter, according to the “Quarterly Report on Household Debt and Credit” released Monday (May 15) by the Federal Reserve Bank of New York’s Center for Microeconomic Data. With that rise, […]