The CARES Act provided relief options for federally-backed mortgages during the pandemic, which helped keep Americans in their homes. Mortgage loans make up over 70% of total household debt in the US. Financial assistance programs reduced delinquency rates for various loan types, but rising interest rates and the end of benefits programs have led to increased missed payments for credit card and auto loans. Delinquency rates vary by location, with the South and East Coast having the highest rates. California has a lower delinquency rate compared to the national average.