US Household Debt Hits Fresh Record

EthereumCraftsman · 2026-02-10T16:10:18+00:00

US household debt hit a record $18.8 trillion in Q4 2025, increasing by $191 billion. While mortgage balances rose to $13.17 trillion, delinquency rates are rising, particularly in lower-income regions and areas with falling home prices.

EthereumCraftsman

2026-02-10 16:10:18

Abstract generation in progress

Total household debt in the US increased by $191 billion from the prior quarter to a new record high of $18.8 trillion in Q4 2025. Mortgage balances grew by $98 billion to $13.17 trillion, and credit card balances rose by $44 billion to $1.28 trillion. Auto loan balances increased by $12 billion to $1.67 trillion. Home equity line of credit (HELOC) balances increased by $11.6 billion to $434 billion while student loan balances rose by $11 billion to $1.66 trillion. “As household debt levels grow modestly, mortgage delinquencies continue to increase,” said Wilbert van der Klaauw, Economic Research Advisor at the New York Fed. “Delinquency rates for mortgages are near historically normal levels, but the deterioration is concentrated in lower-income areas and in areas with declining home prices.”

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.