Household debt climbs to $18.4T in Q2, New York Fed says

Couple doing paperwork with a calculator at home

U.S. household debt increased by $185B, or ~1%, to $18.39T in Q2 2025, as mortgage balances grew by $131B to $12.94T at the end of June, the New York Fed said on Tuesday in its Quarterly Report on Household Debt and Credit.

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