Consumers in the United States had over **** trillion dollars in debt as of the first quarter of 2025. The majority of that debt were home mortgages, amounting to approximately **** trillion U.S. dollars. Student and car loans were the second and third largest component of household debt. Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The U.S. housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the demand for housing. Attitudes towards debt Consumer perception of debt differed, depending on the kind of debt in question. While most saw a home mortgage as a positive investment, they increasingly looked at student loan debt as a negative debt. With education costs increasing, people are incurring more student loan debt in the United States. Credit card debt also had negative connotations.

Graph and download economic data for Large Bank Consumer Mortgage Originations: Original Back-End Debt-to-Income (DTI): 90th Percentile (RCMFLOBEDTIPCT90) from Q3 2012 to Q2 2025 about origination, FR Y-14M, large, mortgage, percentile, debt, consumer, income, banks, depository institutions, and USA.

China Consumer Loan: Residential Housing Mortgage Loan data was reported at 25,750.000 RMB bn in 2018. This records an increase from the previous number of 21,860.500 RMB bn for 2017. China Consumer Loan: Residential Housing Mortgage Loan data is updated yearly, averaging 2,473.416 RMB bn from Dec 1997 (Median) to 2018, with 20 observations. The data reached an all-time high of 25,750.000 RMB bn in 2018 and a record low of 13.100 RMB bn in 1997. China Consumer Loan: Residential Housing Mortgage Loan data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money and Banking – Table CN.KB: Loan: Consumer Loan.

In early 2024, ** percent of U.S. consumers said that their main source of personal non-mortgage debt were their credit card bills. Meanwhile, a ** percent of respondents said that their leading source of debt were car loans. Over a ***** of respondents had no debt.

Graph and download economic data for Large Bank Consumer Mortgage Balances: Original Front-End Debt-to-Income (DTI): 75th Percentile (RCMFLBFEDTIPCT75) from Q3 2012 to Q2 2025 about origination, FR Y-14M, large, balance, mortgage, percentile, debt, consumer, banks, depository institutions, and USA.

The average amount of non-mortgage debt held by consumers in the United States has been falling steadily during the past years, amounting to ****** U.S. dollars in 2023. While respondents had ****** U.S. dollars of debt in 2018, that volume decreased to ****** U.S. dollars in 2019, which constituted the largest year-over-year decrease.What age groups are more indebted in the U.S.?The age group with the highest level of consumer debt in the U.S. was belonging to the Generation X with approximately ******* U.S. dollars of debt in 2022. The next generations with high consumer debt levels were baby boomers and millennials, whose debt levels were similar. In comparison, credit card debt is more equally distributed across all ages. There is an exception among people under 35 years old, who are significantly less burdened with credit card debt. However, most consumers expect to get rid of their debt in the short term. College expenses as a source of debtEducational expenses were not among the leading sources of debt among consumers in the U.S. in 2022. Instead, they made up about ** percent of the total. However, around ** percent of undergraduates from lower-income families had student loans, while over a fifth of undergraduates from higher-income families had student loans. Independently of how they cover these expenses, the confidence of students and parents about being able to pay these college costs was high in most cases.

Debt Balance Mortgages in the United States increased to 13.07 Trillion USD in the third quarter of 2025 from 12.94 Trillion USD in the second quarter of 2025. This dataset includes a chart with historical data for the United States Debt Balance Mortgages.

These tables provide additional detail on the loan assets of U.S. depository institutions by reporting mortgage and consumer loan portfolios broken down by the banks' estimates of the probability of default, as defined below. This information facilitates analysis of the potential concentration of risk in specific loan categories. The institutions reporting this information are generally those with $10 billion or more of assets.

The average consumer debt balance in the United States has peaked in 2024 at roughly ******* U.S. dollars. However, average consumer debt had decreased between 2010 and 2013, when it reached approximately ****** U.S. dollars. Here, consumer debt refers to student and car loans, credit cards, personal loans, mortgages, and other types of debt.

View quarterly updates and historical trends for US Mortgage Debt. from United States. Source: Federal Reserve Bank of New York. Track economic data with …

In the third quarter of 2024, household debt in the United States amounted to over 71.66 percent of its GDP. It can be generally observed that U.S. households are more indebted by the end of the year than in any other quarter. The debt of households peaked in the last quarter of 2020, reaching the highest value since 2013. Debt to GDP ratio As it can be observed here, the household debt to GDP ratio decreased overall in the recent years. The steady growth of the gross domestic product in the United States could be a factor explaining this tendency. If the volume of debt grows at a slower pace than the GDP, the debt to GDP ratio would decrease. In addition to that, the overall value of mortgage debt in the U.S., which is the most significant component of the household debt, decreased from 2012 to the third quarter of 2014, but it has rebounded since then. Public debt in the U.S. Public debt in the United States, which is the amount of money borrowed by the government to finance budget deficits, has been increasing almost every single year. Not only that, but according to that forecast it is also expected to keep increasing during the coming years. The major holders of American government debt, as of December 2023, were Federal Reserve and government accounts and foreign and international holders. The ratio of national debt to GDP of the United States was higher than that of other major economies, but lower than that of Japan. Some of the lowest debt to GDP ratios were observed in Hong Kong SAR, Kuwait, and Turkmenistan.

View quarterly updates and historical trends for US Household Mortgage Debt Service as Percent of Disposable Income (DISCONTINUED). from United States. So…

Quarterly financial flows and stocks of household credit market debt, consumer credit, non-mortgage loans, and mortgage loans, on a seasonally adjusted basis.

Households Debt in the United States decreased to 68.30 percent of GDP in the first quarter of 2025 from 69.40 percent of GDP in the fourth quarter of 2024. This dataset provides - United States Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View quarterly updates and historical trends for US Household Mortgage Debt Service Payments as a Percent of Disposable Personal Income. from United State…

Graph and download economic data for Large Bank Consumer Mortgage Originations: Original Back-End Debt-to-Income (DTI): 50th Percentile (RCMFLOBEDTIPCT50) from Q3 2012 to Q2 2025 about origination, FR Y-14M, large, mortgage, percentile, debt, consumer, income, banks, depository institutions, and USA.

Consumer debt in the U.S. has kept rising, reaching new highs in mortgage, credit card, auto, and student loan balances. Two real‑world impacts: Homebuyers face steeper payments because mortgage balances and rates are rising, tightening affordability. And millions of student loan borrowers resumed payments today, triggering spikes in delinquency rates...

View quarterly updates and historical trends for US Student Loan Debt. from United States. Source: Federal Reserve Bank of New York. Track economic data w…

Debt service ratios, interest and obligated principal payments on debt, and related statistics for households, Canada.

This feed provides information about household debt service and financial obligations ratios data from the Federal Reserve Board's FOR release available through the Data Download Program (DDP). The household Debt Service Ratio (DSR) is the ratio of total required household debt payments to total disposable income.The DSR is divided into two parts. The Mortgage DSR is total quarterly required mortgage payments divided by total quarterly disposable personal income. The Consumer DSR is total quarterly scheduled consumer debt payments divided by total quarterly disposable personal income. The Mortgage DSR and the Consumer DSR sum to the DSR.Quarterly values for the Debt Service Ratio are available from 1980 forward.