 TITLE: COVID-19: Consumers Reduce Overall Debt During Pandemic CONTENT: Mortgage Balances Increase Since January\n----------------------------------------\nMortgage debt was the only other major credit type where consumers saw increased balances since January 2020. Consumers' average mortgage balance rose 1% from $202,480 to $203,986, according to Experian data. In contrast, home loan balances grew less than one-tenth of 1% between January and May of 2019. END