Quick Answer
Mortgage debt is the largest single category of U.S. household debt - with origination and delinquency patterns reflecting broader housing-market conditions.
Key Takeaways
- Mortgage debt dwarfs other categories.
- Origination is rate-sensitive.
- Delinquency rates are historically low in recent years.
Long-Run Trends
Mortgage debt expanded sharply through the mid-2000s, contracted after 2008, and resumed expansion in the 2010s.
Frequently Asked Questions
Where is this data published?
The Federal Reserve and FHFA publish ongoing mortgage debt and origination statistics.