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Household Debt Hits Record High in 2025 | Follow for Updates on Mortgage & Real Estate News. We Specialize in Low-Credit FHA & No/Low-Credit VA Loans.

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💸 American household debt just hit $18.4 trillion.

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🏠 Mortgages eat the biggest slice: 70% of debt = $12.9 trillion in home loans.

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📊 The “average household” now owes $105,056 — up 13% since 2020.

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💳 Credit cards? Americans carry $1.2 trillion, with average balances around $6,371.

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✨ Despite record debt, most families spend only 11.2% of income on debt payments.

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