Hypothekenschulden könnten im Jahr 2026 die 2-Billionen-Dollar-Grenze überschreiten: Equifax

$2 trillion in mortgage debt for $750 billion in real estate value.

Mortgage debt on its own isn’t really an indicator of anything.

For example, If we get more affordable homes and therefore more first time buyers entering the market you’d also see mortgage debt increasing as people who may have paid off their home sell it to someone who’s financing it.

What we should focus on are the delinquency rates. They remain quite low although they are still rising and this is one of the last years where anyone who bought a 5 year term will be forced to renew at much higher rates. As the article notes over a million people are going to see their mortgage payments go up this year and that will put broader strain on consumer spending.