MBA Chart of the Week Feb. 24 2023–Delinquency Rates by Credit Type

The latest credit delinquency data from both MBA and other sources indicates that delinquencies are rising.  In MBA’s National Delinquency Survey, covering national and state delinquencies through the fourth quarter of 2022 revealed that the delinquency rate for mortgage loans on one‐to‐four‐unit residential properties rose to a seasonally adjusted rate of 4.96 percent of all loans outstanding at the end of the fourth quarter.

MBA Chart of the Week Feb. 24 2023–Delinquency Rates by Credit Type

The latest credit delinquency data from both MBA and other sources indicates that delinquencies are rising.  In MBA’s National Delinquency Survey, covering national and state delinquencies through the fourth quarter of 2022 revealed that the delinquency rate for mortgage loans on one‐to‐four‐unit residential properties rose to a seasonally adjusted rate of 4.96 percent of all loans outstanding at the end of the fourth quarter.