Inflation expectations see minor fluctuations, while concerns about job security and household finance intensify.
Fed survey depicts a labor market with improved job satisfaction but mounting concerns about future employment.
But expectations about household financial situation improve.
Credit card balances surge to series high amid stagnant mortgage market.
N.Y. Fed says quarterly increase of 0.9% due mostly to non-housing-related debt.
The share of households reporting it is harder to obtain credit than one year ago rose, reaching a series high.
Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.
Mortgage originations fell to $498B, returning to pre-pandemic levels.
Mortgage refinance application rates plunged from 21.4% in October 2021 to 8.9% in October 2022.
Total household debt in the quarter increased 2.2% to $16.51 trillion.