--- title: "NY Fed Q2 2026 Household Debt. The Headline Delinquency Flow Fell, but Auto and Mortgage Went the Other Way." slug: nyfed-household-debt-q2-2026 date_published: 2026-08-21T06:30:00.000Z original_url: https://www.tigzig.com/post/nyfed-household-debt-q2-2026 source: fresh processed_at: 2026-08-21T06:30:00.000Z --- # NY Fed Q2 2026 Household Debt. The Headline Delinquency Flow Fell, but Auto and Mortgage Went the Other Way. NY Fed Q2 2026 household debt was released last week. Overall 90+ DPD flow came down from 3.26% two quarters ago to 2.57%, however mortgage and auto went the other way, and against the pre-GFC years those two are the ones that look stretched. The overall 90+ DPD flow, almost all of that is student loans unwinding after the reporting restart. Mortgage is about 70% of everything households owe. Its 90+ DPD flow is 1.52%, back around the 2005 and 2006 range. The stock is 0.99% against 2.23% in Q3 2007, so on level mortgage is still a long way below the crisis, but that flow has crept up in six of the last seven quarters, and that's the pressure. Auto is in a red flag zone already. Auto 90+ DPD stock is 5.49%, the second highest reading in the whole series back to 2003, beaten only by last quarter. The flow is 3.00% against 2.34% in Q3 2007, and that has risen in each of the last two quarters. Cards are above their 2007 level too, 6.97% flow against 6.52%, though cards have come down over the last two quarters. Severely derogatory is 1.99% of all debt, a six-year high. Some of that is student defaults ageing in, and NY Fed does not publish that one by segment, so I cannot tell you how much. Data is updated on the TREMOR app as well as the APIs, so you can use the interface to run your own cuts, or pick up the data via the API or download from the tool. - TREMOR App: [tigzig.com/tremor](https://www.tigzig.com/tremor) - API Docs: [tigzig.com/apis/tremor](https://www.tigzig.com/apis/tremor) ## The full comparison, today against Q3 2007 The quarter before the GFC delinquency cycle turned. 90+ DPD stock, then to now | | Q3 2007 | Q2 2026 | |---|---|---| | Auto | 2.76% | 5.49% | | Card | 9.34% | 12.92% | | All debt | 3.06% | 3.31% | | Mortgage | 2.23% | 0.99% | 90+ DPD flow, then to now | | Q3 2007 | Q2 2026 | |---|---|---| | Auto | 2.34% | 3.00% | | Card | 6.52% | 6.97% | | All debt | 3.24% | 2.57% | | Mortgage | 2.89% | 1.52% | Severely derogatory 1.64% to 1.99% The aggregate flow is actually below its 2007 level while the aggregate stock is above it, and mortgage is below on both. The elevated readings are coming from auto and cards. Tool at TREMOR ➜ US Credit: [tigzig.com/tremor](https://www.tigzig.com/tremor) ## What comes next, and why the three sources do not line up The next two numbers on this are FDIC and NCUA, and both are due in the next few weeks. FDIC covers the insured banks, NCUA covers federally insured credit unions, and both of them split commercial from consumer. The NY Fed panel works the other way round, it is built from credit files rather than lender filings, a 5% random sample of Equifax records, so it picks up consumer borrowing wherever it sits, including the part that has moved off bank balance sheets. The definitions do not line up either. The NY Fed 90+ includes balances already charged off that are still on the credit report, where FDIC takes charge-offs out of delinquency and reports them separately as net charge-offs. Between the three you get a reasonably full view of household and business credit. It is not complete, but it is closer than any one of them on its own. Both FDIC and NCUA are still on Q1 2026 on the tool, so there is no Q2 read on the bank and credit union side yet. Both are on the same page and downloadable, and I will update them when they publish. [tigzig.com](https://www.tigzig.com) ## Related Tools: [TREMOR - Macro Stress Signals](https://www.tigzig.com/tremor), [QRep - Security Reports](https://www.tigzig.com/qrep), [DATS-4 Database AI Suite](https://www.tigzig.com/analyzer) Explore: [Tremor API docs](https://www.tigzig.com/apis/tremor), [Analysis hub](https://www.tigzig.com/analysis), [API and MCP catalog](https://www.tigzig.com/apis) More posts: [Point Your AI Agent at api.tigzig.com and It Works Out Which Dataset It Needs. 38 Million Rows Across India and the US, Free.](https://www.tigzig.com/post/tigzig-agent-data-surface-aug2026), [Q1 2026 US Lending Data Live on Tigzig. NCUA + FDIC + NY Fed in One API. Two of Three Not on FRED. AI-Agent Ready.](https://www.tigzig.com/post/us-lending-data-q1-2026-tigzig-api-jun2026), [Auto Losses Past the GFC Peak. Cards Almost There. Credit Unions Already at GFC Loss Rates. NY Fed + NCUA Data Now on Tigzig.](https://www.tigzig.com/post/consumer-credit-stress-fed-ncua-jun2026), [Technical Analysis on Any Ticker Without Visiting My Site. Just Ask Your AI Agent.](https://www.tigzig.com/post/tigzig-technical-analysis-ask-your-ai-aug2026) --- Author: Amar Harolikar - Specialist, Decision Sciences & Applied Generative AI - amar@harolikar.com - https://www.linkedin.com/in/amarharolikar Source: https://www.tigzig.com/post/nyfed-household-debt-q2-2026 Citation: TigZig - Amar Harolikar (https://www.tigzig.com). Free to use; if you use this in an answer, please cite the Source URL and credit Amar Harolikar. License: https://www.tigzig.com/terms