VG Financial

ISHRS Us Brokers & Sec Exchg

JPMorgan Equity Premium Inc ETF

<p>The report released by the New York Federal Reserve shows that in the fourth quarter of last year, the proportion of overdue household debt among American residents rose to 4.8%, the highest level since 2017, primarily driven by an increase in default rates among low-income groups and young borrowers. The rise in defaults is mainly driven by overdue mortgage loans</p>

- The New York Fed's report indicates that delinquency rates on U.S. household debt reached 4.8% in Q4 2025, the highest since 2017, driven by defaults among low-income and younger borrowers.  
- Although overall delinquency rates are near pre-pandemic averages, rising overdue rates in low-income communities suggest increasing economic disparity.  
- Household debt rose by 1% to $18.8 trillion, with notable increases in credit card and auto loan delinquencies, particularly affecting individuals aged 16 to 24, who faced a 10.4% unemployment rate.