ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

Household Debt Jumps to End 2016

February 16, 2017
Reading Time: 1 min read

Outstanding household debt increased by a robust 1.8 percent in the final quarter of 2016, rising by $226 billion to $12.58 trillion, the Federal Reserve Bank of New York said today. The quarterly increase was driven by increases in every debt category, with strong growth in mortgage originations, auto loans, student loans at 2.4 percent and especially credit card debt at 4.3 percent. The total level of household debt is now less than a percentage point below its peak in the third quarter of 2008.

Overall delinquency rates were stable in the fourth quarter at 4.8 percent of outstanding balances. Auto debt delinquencies continued to deteriorate. Consistent with other data, lenders focused more on borrowers with higher credit scores for auto and mortgage loans.

Tags: Household debt and credit
ShareTweetPin

Related Posts

BIS seeks financial institutions for tokenized deposits project

Banking agencies release FAQ on capital treatment of tokenized securities

Compliance and Risk
March 5, 2026

Financial institutions should treat an eligible tokenized security in the same manner as the non-tokenized form of the security under the capital rule, the Federal Reserve, FDIC and OCC said in a new FAQ.

Mortgage rates fall

Mortgage rates hold steady

Economy
March 5, 2026

The rate for a 30-year fixed-rate mortgage was 6% this week. The rate for a 15-year fixed-rate mortgage was 5.43%.

American Bankers Mutual Insurance approaches $105 million in total distributions

Beige Book: Economic activity continued to inch up at start of 2026

Economy
March 5, 2026

Overall economic activity increased at a slight to moderate pace in seven of the 12 Federal Reserve districts in the opening months of 2026, while the number of districts reporting flat or declining activity increased from four to...

FinCEN issues alert on identifying deepfakes targeting financial institutions

ABA Foundation, government agencies release infographic on imposter scams

Compliance and Risk
March 5, 2026

The ABA Foundation joined with multiple federal agencies to release a new infographic designed to help consumers identify and avoid increasingly sophisticated imposter scams.

ABA: Bank economists expect credit conditions to soften

ABA Foundation, nonprofits launch credit education campaign

Community Banking
March 5, 2026

The ABA Foundation launched the Rebuild Right: Safe Credit Recovery and Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls.

New task force to tackle financial fraud, scams

Bankers urge House lawmakers to take steps to combat fraud, scams

Community Banking
March 5, 2026

Warning that banks cannot fight scams alone, bankers told House lawmakers that federal agencies need to better coordinate their efforts to mitigate the problem and that social media providers and other technology providers also need to do their...

NEWSBYTES

Banking agencies release FAQ on capital treatment of tokenized securities

March 5, 2026

Mortgage rates hold steady

March 5, 2026

Beige Book: Economic activity continued to inch up at start of 2026

March 5, 2026

SPONSORED CONTENT

How top agricultural lenders are approaching AI, automation and innovation in 2026

How top agricultural lenders are approaching AI, automation and innovation in 2026

March 2, 2026
Top 7 FP&A Trends in Banking for 2026

Top 7 FP&A Trends in Banking for 2026

March 1, 2026
How Instant Payments Can Accelerate B2B Payments Modernization

How Instant Payments Can Accelerate B2B Payments Modernization

February 3, 2026
Digital Banking: The Gateway to Customer Growth and Competitive Differentiation

Digital Banking: The Gateway to Customer Growth and Competitive Differentiation

February 1, 2026

PODCASTS

Podcast: How the SCAM Act would encourage platforms to go after scammers

February 4, 2026

A new kind of ‘community bank’ for small businesses

January 22, 2026

Podcast: A Lone Star banking perspective

January 15, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.