Mortgage delinquencies eased in Q2, still higher than 2025
The seasonally adjusted mortgage delinquency rate fell to 4.37% of all loans outstanding at the end of the second quarter, down 7 basis points from the first quarter but up 44 bps from a year earlier.
The seasonally adjusted mortgage delinquency rate fell to 4.37% of all loans outstanding at the end of the second quarter, down 7 basis points from the first quarter but up 44 bps from a year earlier.
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Why it matters
The easing of mortgage delinquencies in Q2 is a notable market development reflecting credit conditions in the housing sector, but the rate remains elevated compared to last year, indicating ongoing stress without a clear shift in credit availability or underwriting standards.
Sources
HousingWire
Mortgage delinquencies eased in Q2, still higher than 2025
The seasonally adjusted mortgage delinquency rate fell to 4.37% of all loans outstanding at the end of the second quarter, down 7 basis points from the first quarter but up 44 bps from a year earlier.