The numbers: Household debt rose for the 1
Household debt is now 21% above the credit crunch. What happened: Mortgage originations fell to $ 401 billion from $ 445 billion, as last year's rising mortgage rates. Balances on home equity loans
Student debt, now $ 1.46 trillion, rose for the quarter, as did credit-card debt
The big picture: The New York Fed Report highlighted that the new car loans were mostly creditworthy individuals,
] As opposed to banks by as opposed to banks.
According to the New York Fed, 6.5% of those made by credit unions.