NY Fed: Total household debt rose by $219 billion to $13.51 trillion Q3

"The CMD’s latest Quarterly Report on Household Debt and Credit reveals that total household debt rose by $219 billion to reach $13.51 trillion in the third quarter of 2018—an increase of 1.6 percent, up from a rise of 0.6 percent in the second quarter," the Federal Reserve Bank of New York reported on Friday.

Key quotes

• Mortgage balances, shown on consumer credit reports on September 30 stood at $9.1 trillion, an increase of $141 billion from the second quarter of 2018.
• Non-housing balances jumped by $88 billion in the third quarter, with auto loans increasing by $27 billion, credit card balances going up by $15 billion, and student loan balances seeing a seasonally typical $37 billion increase.