The New York Federal Reserve released its 2025 First Quarter Report on Household Debt and Credit that showed mortgage debt up a big $199 billion, while consumer loans for auto, student loans and credit cards declined by $42 billion.Mountain Top Times' Substack is a reader-supported publication.
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U.S. Student Loan Delinquencies and Defaults…
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The New York Federal Reserve released its 2025 First Quarter Report on Household Debt and Credit that showed mortgage debt up a big $199 billion, while consumer loans for auto, student loans and credit cards declined by $42 billion.Mountain Top Times' Substack is a reader-supported publication.