This is all while total household debt has hit a record $17. 1 trillion. Mortgage debt is now at $12.

31 May 2023, 13:12
This is all while total household debt has hit a record $17.1 trillion. Mortgage debt is now at $12.0 billion while auto loans hit $1.6 trillion. This comes with record high auto loan rates and 7.1% mortgages. Follow us @KobeissiLetter for real time analysis as this develops.