Mortgage Debt
The $13 Trillion Tightrope: US Mortgage Debt Hits Record Highs Amid Persistent Rate Pressure
The American housing market has crossed a sobering psychological and financial threshold. As of late 2025, total U.S. mortgage debt has climbed to a staggering $13.07 trillion, a figure that highlights the growing strain on household balance sheets in an era of "higher-for-longer" interest rates. This