US Household Debt Drops $13B to $18.8T as Mortgage Balances Fall $74B
American household debt edged lower by $13 billion to $18.771 trillion in Q2 2026, driven by a $74 billion drop in mortgage balances. Credit card and HELOC debt rose, highlighting a consumer shift toward short-term borrowing, while delinquency rates remained elevated for auto loans and credit cards.
Source: greekherald.com · utahindependent.com