by Calculated Risk on 12/08/2005 12:16:00 PM

The FED Flow of Funds report was released today. It shows that household mortgage debt increased at a 14% annual rate in Q3, 2005.

On a dollar basis, household mortgage debt increased by an all time record $289.5 Billion in the 3rd quarter. The last 7 quarters (billions increase in household mortgages):

q1 2004: $190.4
q2 2004: $211.1
q3 2004: $277.1
q4 2004: $223.5
q1 2005: $176.5
q2 2005: $263.7
q3 2005: $289.5

The debt story continues.