Fed in Print
All Title Author Abstract
Bank Series Content Type Author JEL Classification

Discussion Paper

A Check‑In on the Mortgage Market


Abstract: Debt balances continued to march upward in the second quarter of 2025, according to the latest Quarterly Report on Household Debt and Credit from the New York Fed’s Center for Microeconomic Data. Mortgage balances in particular saw an increase of $131 billion. Following a steep rise in home prices since 2019, several housing markets have seen dips in prices and concerns were sparked about the state of the mortgage market. Here, we disaggregate mortgage balances and delinquency rates by type and region to better understand the landscape of the current mortgage market, where any ongoing risks may lie, regionally and by product.

JEL Classification: G5; G21;

Access Documents

File(s): File format is text/html https://libertystreeteconomics.newyorkfed.org/2025/08/a-check-in-on-the-mortgage-market/
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Liberty Street Economics

Publication Date: 2025-08-05

Number: 20250805