MBA: Mortgage Delinquencies Increased Slightly in Q1 2025
Today, in the Calculated Risk Real Estate Newsletter: MBA: Mortgage Delinquencies Increased Slightly in Q1 2025 A brief excerpt: From the MBA: Mortgage Delinquencies Increase Slightly in the First Quarter of 2025The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.04 percent of all loans outstanding at the end of the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.The following graph shows the percent of loans delinquent by days past due. Overall delinquencies increased in Q2. The sharp increase in 2020 in the 90-day bucket was due to loans in forbearance (included as delinquent, but not reported to the credit bureaus). The percent of loans in the foreclosure process increased year-over-year from 0.46 percent in Q1 2024 to 0.49 percent in Q1 2025 (red) but remains historically low. ... The primary concern is the increase in FHA and VA delinquency rates. Some of the recent increase is probably due to the hurricanes last year and wildfires in California.There is much more in the article.
Today, in the Calculated Risk Real Estate Newsletter: MBA: Mortgage Delinquencies Increased Slightly in Q1 2025
A brief excerpt:
A brief excerpt:
From the MBA: Mortgage Delinquencies Increase Slightly in the First Quarter of 2025There is much more in the article.The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.04 percent of all loans outstanding at the end of the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
The percent of loans in the foreclosure process increased year-over-year from 0.46 percent in Q1 2024 to 0.49 percent in Q1 2025 (red) but remains historically low.
...
The primary concern is the increase in FHA and VA delinquency rates. Some of the recent increase is probably due to the hurricanes last year and wildfires in California.
