Newrez survey: 51% of US homeowners carry credit card debt month-to-month - RITM News | RalliesNewrez survey: 51% of US homeowners carry credit card debt month-to-month
R
RITM• Newrez survey findings on homeowner credit card debt
- Rithm Capital’s Newrez survey shows 51% of US homeowners carry credit card balances month-to-month.
- Financial stress is rising, with 51% losing sleep; 71% cut spending or saving over the past year.
- Mortgage risk signals stayed firm: 89% of borrowers with credit card debt expect to keep up with mortgage payments.
- Debt consolidation interest is increasing, with 52% exploring personal loans or home equity products in the past year.
- Rate gap highlighted: average credit card rate 19.57% versus 12.41% for a three-year personal loan.
