U.S. homeowners face rising financial strain as inflation and high home prices increase mortgage and insurance costs. Mortgage debt exceeds $12.9 trillion, over 70% of household debt. Mortgage delinquencies rose to 3.68% in Q2 2025, surpassing pre-pandemic levels. Southern states like Louisiana and Mississippi have the highest delinquency rates, while West Coast states report the lowest. All major loan delinquencies, including student and auto loans, are also increasing.
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