Mortgage Debt Service Payments as a Percent of Disposable Personal Income : 5.9644% (As of 2024-04-01)
Basic Info
This is a metric that measures the portion of a household's disposable (after-tax) income that is used to service mortgage debt. It is calculated by dividing the total mortgage debt service payments (which include both principal and interest payments on mortgage loans) by the total disposable personal income of households. A higher percentage indicates that a greater portion of household income is being devoted to mortgage payments, which can signal affordability challenges.
Quarterly , seasonally adjusted.
Mortgage Debt Service Payments as a Percent of Disposable Personal Income was 5.9644 as of 2024-04-01, according to The Federal Reserve. Historically, Mortgage Debt Service Payments as a Percent of Disposable Personal Income reached a record high of 7.2067 and a record low of 3.4819, the median value is 5.6006. Typical value range is from 3.81 to 5.13. The Year-Over-Year growth is 5.11%. GuruFocus provides the current actual value, an historical data chart and related indicators for Mortgage Debt Service Payments as a Percent of Disposable Personal Income - last updated on 2024-04-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 5.9644% | ||
| Latest Period | 2024-04-01 | ||
| Long Term Average | 4.47% | ||
| Average Annualized Growth Rate | +0.7% | ||
| Value from 1 year ago | 5.6739% | ||
| Change from 1 year ago | +5.12% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | source link |
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