Federal Reserve Bank of N.Y.: Total Household Debt Climbs for 20th Straight Quarter as Mortgage Debt, Originations Rise
August 13, 2019
August 13, 2019
NEW YORK, Aug. 13 -- The Federal Reserve Bank of New York issued the following news release:
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- While Mortgage Delinquencies Fall, Credit Card Delinquencies Rise
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The Federal Reserve Bank of New York's Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased by $192 billion (1.4%) to $13.86 trillion in the second quarter of 2019. It was the 20th conse . . .
* * *
- While Mortgage Delinquencies Fall, Credit Card Delinquencies Rise
* * *
The Federal Reserve Bank of New York's Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased by $192 billion (1.4%) to $13.86 trillion in the second quarter of 2019. It was the 20th conse . . .