A look at the Quarterly Report on Household Debt and Credit for 2025:Q2 from the New York Fed, focusing on the landscape of the current mortgage market.| Liberty Street Economics
Fields of interest| www.newyorkfed.org
Donghoon Lee is an economic research advisor in Microeconomics. His primary research interests include housing economics, household finance, and labor economics. Prior to joining the New York Fed, Mr. Lee was an assistant professor at New York University. He holds a Ph.D. from the University of Pennsylvania.| www.newyorkfed.org
Andrew Haughwout is the deputy director of research in the Research and Statistics Group. He is a co-editor of the Liberty Street Economics blog and a co-editor of the Bank's Economic Policy Review. In addition to his duties at the Bank, he is a Penn Institute for Urban Research Scholar and serves on the Advisory Board of the Journal of Regional Science. He is a past Chair of the North American Regional Science Council and the Federal Reserve System Committee on Regional Analysis. Prior to jo...| www.newyorkfed.org
Developing and advancing techniques to measure economic conditions, expectations, and behavior at the consumer level| www.newyorkfed.org
Wilbert van der Klaauw is an economic research advisor in Microeconomics. He is also the director of the Center for Microeconomic Data and chair of the Research Group’s Workforce and Recruiting Committee. He is a labor economist and applied econometrician whose research interests include the study of life cycle labor supply and occupational choice decisions, household financial behavior and expectations, the economic determinants of household formation and dissolution, educational investmen...| www.newyorkfed.org
Unique data and insight into the credit conditions and activity of U.S. households| www.newyorkfed.org