Household Debt Still Below 2008 Peak

May 24, 2016

by Mike ‘Mish’ Shedlock
Mish Talk

Household Debt Summary

Household debt for the first quarter of 2016 is up $136 billion.
Mortgage debt, up $120 billion, accounts for most of the gain.
Student loan debt, up $29 billion, accounts for most the rest.
Total household debt still below 2008 peak

The Federal Reserve of New York reports Household Debt Steps Up, Delinquencies Drop.

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