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Representation of household debt

Increased mortgage borrowing drove monthly rise in household liabilities

Credit card

Lower rates are easing household strains, but cracks are starting to show

Heavy weight

Mortgage borrowing accelerates, but other borrowing contracted in January

Credit card

Delinquency, charge-off rates rose in Q4, passing pre-pandemic levels

crunching numbers

Credit card balances surge, mortgage debt climbs

white house in washington dc

Advocate's shutdown would ease legal and compliance costs, DBRS says

Forlorn businessman

A 15-year high in business, consumer insolvencies was recorded in 2024: association

Credit card balances shrink, tempering increase in mortgage borrowing

Bank consolidation

Smaller banks less diversified than Big Six, but still poised for growth

home financing

Faster mortgage growth, HELOCs push debt over the $3 trillion mark