Monthly credit aggregates, February 2025

In February, the total credit liabilities of households rose 0.3% (+$10.1 billion) to reach $3,053.0 billion, accelerating from January on an annualized basis (+4.1% in February; +3.3% in January). Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew 0.4% (+$9.5 billion) in February. Household mortgage debt increased 0.4% (+$9.1 billion), following growth of $9.0 billion in the previous month. In February, the policy interest rat