According to the latest results from MBA’s National Delinquency Survey (NDS), the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased slightly to a seasonally adjusted rate of 3.93 percent of all loans outstanding at the end of the second quarter of 2025. The delinquency rate was down 11 basis points from the first quarter of 2025 and down 4 basis points from one year ago.