From rising mortgage balances to growing credit card bills, Americans are carrying more debt than ever.

A new report from the Federal Reserve Bank of New York shows total household debt reached $18.6 trillion this fall, up nearly $200 billion in just three months.

According to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York , total household debt is now $4.44 trillion higher than it was at the end of 2019, before the pandemic recession, reflecting steady borrowing across nearly all major categories of consumer debt.

Houston ranks #1 in cities struggling with debt, report says

Student loan balances rose by $15 billion to $1.65 trillion in the third quarter. Delinquencies are also rising, with 9.4 percent of student debt now at least 9

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