{"id":84048,"date":"2023-05-15T21:21:00","date_gmt":"2023-05-15T17:21:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84048"},"modified":"2023-05-16T03:09:45","modified_gmt":"2023-05-15T23:09:45","slug":"ny-fed-total-household-debt-rises-by-0-9-in-q1","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ny-fed-total-household-debt-rises-by-0-9-in-q1\/05\/15\/market-updates\/","title":{"rendered":"NY Fed: Total household debt rises by 0.9% in Q1"},"content":{"rendered":"\n<p>In a report published on Monday, the Federal Reserve Bank of New York said that the total household debt rose by 0.9% in the first quarter to $17.05 trillion.<br><br>The US Dollar Index showed no immediate reaction to this report and was last seen losing 0.2% on the day at 102.50.<br><br><strong>Key takeaways<br><\/strong><br>&#8220;Q1 mortgage originations drop sharply to $324 billion, lowest since Q2 2014.&#8221;<br><br>&#8220;Mortgage foreclosure levels were low in first quarter.&#8221;<br><br>&#8220;Student loan debt at $1.604 trillion in first quarter amid low delinquency rate.&#8221;<br><br>&#8220;Credit card balances flat in first quarter at $986 billion.&#8221;<br><br>&#8220;Covid-era mortgage refinancing boom to provide significant support for consumers.&#8221;<br><br>&#8220;End of low-rate period creates roadblock for selling homes.&#8221;<br><br>&#8220;Credit card, auto loan delinquency rates rose in first.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a report published on Monday, the Federal Reserve Bank of New York said that the total household debt rose by 0.9% in the first quarter to $17.05 trillion.The US Dollar Index showed no immediate reaction to this report and was last seen losing 0.2% on the day at 102.50.Key takeaways&#8220;Q1 mortgage originations drop sharply &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[9720,9475],"class_list":["post-84048","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-household-debt","tag-q1"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84048"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84048\/revisions"}],"predecessor-version":[{"id":84072,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84048\/revisions\/84072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53116"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}