Student loan delinquencies jumped, and housing distress is building
Recent data from the Federal Reserve Bank of New York is drawing renewed attention to the condition of U.S. household credit. Delinquency rates across mortgages, credit cards, auto loans and student debt have climbed to their highest levels in nearly a decade, reaching 4.8% of outstanding household debt in the fourth quarter. While headline numbers […]
Student loan delinquencies jumped, and housing distress is building Read More »
