The Federal Reserve Bank of Philadelphia expanded its Large Bank Credit Card and Mortgage Data series by adding 67 new measurements to deepen analysis of how consumers use and access credit cards and first-lien mortgages at the largest banking institutions. The additions comprise 15 credit card and 52 first-lien mortgage variables with data back to 2012, including purchase volume by credit score, interest rate data for both products, the share of adjustable-rate versus fixed-rate mortgage balances and originations, and property types financed with associated delinquency rates. The new variables are available through the series’ interactive dashboard. First quarter 2025 results in the dataset show year-on-year declines in 30-, 60-, and 90-day past-due shares for both card balances and accounts for the first time since fourth quarter 2021, a 59 basis point drop in the share of accounts making only the minimum payment, an average purchase APR of 24.62 percent, and conventional adjustable-rate mortgages exceeding 25 percent of large bank first mortgage originations. The series is based on Federal Reserve Y-14M data from U.S. bank holding companies, U.S. intermediate holding companies of foreign banking organizations, and covered savings and loan holding companies with USD 100 billion or more in total consolidated assets.
Federal Reserve Bank of Philadelphia 2025-07-08
Federal Reserve Bank of Philadelphia expands Large Bank Credit Card and Mortgage Data series with 67 new variables
The Federal Reserve Bank of Philadelphia has expanded its Large Bank Credit Card and Mortgage Data series by adding 67 new measurements to enhance analysis of consumer credit card and mortgage usage. The additions include variables such as purchase volume by credit score and interest rate data, with historical data back to 2012. First quarter 2025 results show declines in past-due shares for card balances and accounts, a drop in minimum payment accounts, and a rise in adjustable-rate mortgage originations.